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ELTA subject of management buyout

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ELTA Automotive Ltd has recently been the subject of a management buyout (MBO) with the goal of “making it fit…for its next 25 years”.

This latest development, which was formally agreed on 11 September, sees managing director Ian Hallam, who has worked with ELTA since the company was incorporated 25 years ago, become the company’s co-owner, alongside long-term European partner Luxline spol. s r.o – led by Vladimír Palacka. Ian Hallam and Luxline become equal shareholders of a new holding company, ELTA Investments replacing the previous holding company, Claverdon Fields.

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Related news:

  1. ELTA launches VisionPro and VXPro brands
  2. Andrew Page gets further growth funding
  3. Uni-Select Inc. acquires The Parts Alliance Group
  4. Autosupplies Group to acquire Leisureways UK Ltd
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SMPE makes new managerial appointments

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Standard Motor Products Europe (SMPE) has made a series of managerial changes with Ross Toomey becoming managing director and Richard Morley returning to the company as commercial director. Previous managing director Ian Turner has become chairman. Toomey has been with the business for more than seven years, having previously occupied the role of sales director.

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Related news:

  1. Martin Butterworth joins SMPE’s export sales team
  2. SMPE secures agreement to supply Lucas brand engine management products
  3. SMPE to take control of Lucas licence for UK & Ireland
  4. Countdown begins to Lucas engine management switchover
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SMPE secures agreement to supply Lucas brand engine management products

Standard Motor Products Europe (SMPE), one of the UK’s largest independently owned automotive parts manufacturers and suppliers, has secured the rights to supply its engine management programme under the iconic Lucas brand.

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Related news:

  1. Countdown begins to Lucas engine management switchover
  2. Martin Butterworth joins SMPE’s export sales team
  3. SMPE to take control of Lucas licence for UK & Ireland
  4. SMPE cranks up engine management growth
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Manbat consolidated with European siblings to form Ecobat Battery Technologies

Last week’s Automechanika Frankfurt show was the exhibition debut for a new name in the battery world – Ecobat Battery Technologies. The company was recently created through the consolidation of three independent businesses operating within the Ecobat group, a consortium which itself spawned from Ecobat Technologies, the world’s largest producer of lead and lead alloys. With this entirely new entity, Ecobat says it intends to “offer a unique and comprehensive battery service across Europe.”

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Related news:

  1. Ecobat develops start-stop battery training, certification
  2. European aspiration – Ecobat preparing for swift expansion of battery business
  3. EBT opens new southwest logistical hub
  4. Batteries landscape changing – Ecobat
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Manbat adds AGM batteries to Lucas portfolio

The Lucas range of automotive batteries now includes an AGM fitment. Lucas AGM products will be available throughout the Manbat branch network, and Manbat says AGM batteries have joined the Lucas line-up to accommodate growing start-stop vehicle numbers.

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Related news:

  1. Manbat introduces start-stop battery installation tool
  2. Manbat aims to demystify start stop technology
  3. A ‘Supreme’ launch from Manbat
  4. Ecobat develops start-stop battery training, certification
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A ‘Supreme’ launch from Manbat

A new, range-topping commercial vehicle battery line has joined the Lucas brand portfolio. UK distributor Manbat says the new Lucas Supreme range of four part numbers, which are available with 140, 170, 180 and 225 Ah capacities, are designed for high performance commercial vehicles with large power demands and high vibration resistance requirements.

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Related news:

  1. Manbat adds AGM batteries to Lucas portfolio
  2. Manbat consolidated with European siblings to form Ecobat Battery Technologies
  3. Martin McGreevy Moves to Manbat Batteries
  4. Manbat Launches New Website
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