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Dawsongroup buys TOM Group’s Transflex out of administration

Dawsongroup has acquired the trade, business and assets of Transflex Vehicle Rental, part of the Tom GROUP, which went into administration last month.

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Transflex Vehicle Rental, part of the TOM Group, was placed into administration in March this year

The subsidiary becomes part of Dawsongroup Vans, adding around 3,600 vans of various types to the fleet, and pushing Dawsongroup Vans’ overall fleet numbers to around 9,000.

It also adds four Transflex branches – located in Stockton, Manchester, Bristol and Buckingham – to the firm’s eight dedicated locations in its van business while securing 80 jobs.

Dawsongroup CEO Steve Miller said: “The branch locations sit well within our current Dawsongroup vans network and the Transflex senior management team will be given all the support they need to get their operations quickly back on track. With the stability now given to them and their customers, this business can progress and integrate into our own vans operations and our wider group, both of which have been growing steadily. They will deliver a solid and growing contribution and we are delighted to welcome them.”

Miller added: “The troubles of the TOM Group show how tough the rental business has been for some companies. It is fortunate that our own business has shown strong growth over the years, and continues to do so, so we undertake this rescue with confidence: confidence in the Transflex team; confidence in the quality of their fleet; and confidence in our own ability to put the two operations together to make an even stronger whole. What we will bring to the mix is a strong customer-focus, supported by proven management styles and disciplines honed while developing our own hard-earned success over the past 40 plus years.”

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Written by Natalie Middleton

Natalie has worked as a fleet journalist for 16 years, previously as assistant editor on the former Company Car magazine before joining Fleet World in 2006. Prior to this, she worked on a range of B2B titles, including Insurance Age and Insurance Day. As Business Editor, Natalie ensures the group websites and newsletters are updated with the latest news.

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