Truck and Track Spring 2025 www.truckandtrack.com 6 BUSINESS NEWS VBG Group acquires Ledson Lights AB VBG Group have, through its division Truck & Trailer Equipment, acquired and taken possession of all shares in the Swedish company Ledson Lights AB. The company employs about 30 people and has a turnover of 100 MSEK. The purchase price amounts to 40 MSEK on a cash and debt free basis. An additional purchase price of up to 60 MSEK may be added, based on the outcome of average EBITA for the financial years 2025–2027. The acquisition is expected to have a limited impact on VBG Group’s results for 2025. Ledson Lights AB specializes in solutions for modern and sustainable vehicle lighting for several various types of vehicles, both in B2B and B2C. The company manufactures, markets and sells its products under its own brand name Ledson. Approximately 60% of sales occur in the Swedish market with the remainder in about 15 other European countries. The company is located in Åstorp, Sweden. “The acquisition of Ledson Lights AB strengthens Truck & Trailer Equipment’s product portfolio. With the company’s vehicle lighting products, we expand with a new product category in accessories and aftermarket. Our combined product offering and extensive sales network we also strengthen our position in several customer segments,” says Ola Hermansson, division CEO of Truck & Trailer Equipment. Ledson Lights AB was founded by Magnus Henriksson in 2004, under the then name Diodhuset AB. It has been a fantastic journey to build Ledson Lights into the company it is today. Handing over the baton to VBG Group feels like a natural and strategic step to ensure continued growth and development,” says Magnus Henriksson, former owner of Ledson Lights AB. The acquisition of Ledson Lights AB aligns with our strategy to grow VBG Group as an industrial group, and contributes to us living up to our mission – to create a safer society,” concludes VBG Group President and CEO, Anders Erkén. SFS continues 20-year partnership with Hinckley & Bosworth Borough Council Specialist Fleet Services Ltd (SFS) is celebrating its 20th year as fleet and workshop partner to Hinckley & Bosworth Borough Council (HBBC) with a new long-term contract. The 8-year agreement commences on 1 September 2025 and involves the provision of a replacement fleet with SFS continuing as the incumbent provider managing and maintaining the council’s fleet and workshop facility. The contract was awarded through the Halton Housing National Vehicle Contract Hire and Flexi-Hire Framework. The new fleet, which will be delivered by February 2026, comprises 30 waste collection and street cleansing vehicles, including those needed for the Council’s new food waste collection service. Caroline Roffey, Head of Street Scene Services, HBBC, said, “We are delighted to have secured SFS as our fleet partner through to 2033. Over the next few years, we are facing notable challenges including food waste collection roll-out, a desire to decarbonise our fleet and Local Government Reform. We know that in SFS we have a supplier who will support us every step of the way and adapt with us when required. We heeded their excellent advice to order our food waste vehicles immediately on award and are confident that the new fleet will be in place when we need it next Spring.” SFS first started working with HBBC in 2005 when it took over the running of the council’s workshop, invested in new equipment and infrastructure, and began supplying the authority with vehicles. Bob Sweetland, Managing Director, SFS, “This is a significant milestone in our relationship with Hinckley and Bosworth Borough Council and a great example of the long-term relationships we strive to develop with our customers. “Dramatic increases in vehicle costs, over 50% in the past five years in some cases, combined with ever tighter budgets, means that we must be flexible, innovative and meticulous in our approach. We went through every line of the vehicle specification in detail, offering solutions that would enable the council to achieve its requirements within budget. I am proud of the work the SFS team has done in helping to ensure the council has a robust and future-proofed fleet operation. We will continue to invest in HBBC and work in partnership to deliver an efficient and effective fleet operation.” SFS has been delivering fleet and workshop management solutions to local authorities for over 30 years and currently operates a network of 14 workshops across the UK, nine of which are based at council depots. In January, the company opened a new depot in Wellington, Somerset to support customers in the area and to provide a maintenance hub for rental vehicles from its own specialist short term hire division, CTS Hire. SFS has further plans to expand it workshop network in 2025. Photo ©Ted Cottrell TRUCK & TRAILER SOLUTIONS WELCOME TOALLPORTS GROUP allportsgroup.co.uk
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