TIP Group acquires TAG to strengthen refurbishment services

Truck and trailer equipment services provider, TIP Group, has announced the acquisition of Trailer Auto Group (TAG), a trailer refurbishment facility located in Stoke-on-Trent, UK.

According to TIP Group, this acquisition enhances the company’s capabilities and comes at a time when trailer refurbishment has become increasingly vital due to rising new equipment costs and corporate ESG (Environmental, Social, and Governance) demands.

This acquisition is also expected to provide opportunities to strengthen TIP’s refurbishment business and upsell its comprehensive range of products and services.

Established in 2022, TAG mainly serves blue-chip companies and smaller transport companies, and boasts a modern workshop with 41 bays and a workforce of 105 employees, including 85 skilled mechanics. TIP Group expects all TAG employees to transition seamlessly into TIP.

“Acquiring TAG will significantly enhance our ability to extend the life of our fleet and expand our offerings to both existing and new customers,” said Mike Furnival, managing director UK & Ireland at TIP Group. “The workshop’s central location will facilitate trailer refurbishment, damage repairs, servicing, and MOT preparation.”

With the addition of TAG, TIP now operates 30 locations in the UK.