Kent-based Sparshatts Truck & Van has been acquired by a new team of owners for an undisclosed sum.
The move brings new major shareholders in the form of entrepreneur Steve Rooney and his brother Paul, Sparshatts’ long-serving former truck sales manager. Completing the new ownership team are financial director Peter Davies, who has worked closely with Steve and Paul for the last 10 years, and chairman Sid Sadique, the group managing director of NRG Fleet Services and Riverside Truck Rental.
Steve Rooney commented: “This acquisition marks the culmination of a long-held dream for Paul and I. We have exciting plans for major investments in our people and in our facilities, and are looking forward to working in a spirit of close partnership with the team at Mercedes-Benz Trucks HQ.”
He continued: “We are privileged to be representing the finest range of trucks currently available, while there is a huge amount of goodwill locally in the Sparshatts name. However, this is also a business with great potential for growth and I’m confident that through modernisation and the introduction of new, more efficient processes, we’ll be able to exploit this to the full.”
The business, which also operates a Fuso Canter light trucks franchise, is fully focused on the sale of Mercedes-Benz and Fuso trucks but also provides 24-hour maintenance and repair back-up for vans as well as heavier commercial vehicles.
Mike Belk, managing director for Mercedes-Benz Trucks UK, said: “I am delighted that we have a new team now taking the helm at this truck-dedicated dealer. “Mercedes-Benz Trucks is committed to providing facilities and services that best meet the needs of customers. This means comprehensively equipped service points, conveniently located, accessible, and in line with the expectations of a quality brand.”