FEATURE
Anniversary – Dawson Group recently held an event to mark five years since its acquisition of Transflex , attended by the group CEO Steve Miller .
FIVE YEARS ON
Dawsongroup vans mark special anniversary of Transflex Acquisition
Achievement – Managing director Simon Ridley ( second left ) with award recipients , from left : Angela Farndale , Paul Calvert , Gill Foster and Tina Lynas .
Dawsongroup vans recently held a special event to mark the five-year anniversary of the acquisition of Transflex Vehicle Rental , including a visit and presentation by CEO Steve Miller .
Transflex Vehicle Rental was acquired by Dawson Group in April 2018 . At the time , Transflex Vehicle Rental was part of TOM Group , which had been placed into administration in March 2018 , threatening the jobs of the Transflex employees .
While the acquisition was a sound business decision for Dawson Group , one of the more notable actions was the ability to secure all 80 jobs for the Transflex staff .
The acquisition grew the Dawson Group rental fleet by around 3,500 , taking it to more than 9,000 .
The four Transflex branches in Stockton , Manchester , Bristol and Buckingham also significantly increased Dawson Group ’ s UK coverage map , and took the total locations for Dawsongroup vans to 13 .
Looking back at the news reports of the original acquisition , the move was seen within the industry as a positive one , focusing especially on saving the jobs of the 80 Transflex staff .
Dawson Group CEO Steve Miller commented at the time on his confidence in the Transflex team and how they would strengthen Dawson Group when the two operations combined .
“ The troubles of the TOM Group show how tough the rental business has been for some companies ,” he said .
“ 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 .”
The administrators at the time , working to process the TOM Group administration , also stated how pleased they were to complete the
130 | Tees Business