Parvalux acquires UK Midlands operation
11 September 2009
The fractional horsepower motor and geared motor specialist, Parvalux has acquired a Midlands based distribution partner, Parks GB Limited, for an undisclosed sum. The business, trading until now as Parvalux Midlands, has moved to a new facility in Central Birmingham.
Under the guidance of owner Pardeep Rajput (left in this picture), Parks GB has consistently proved to be Parvalux’s fastest growing distribution operation since it’s inception in November 2007.
While the UK fractional horsepower (sub 1kW) motors market has not been unaffected by the global financial challenges, the closure of Doncaster’s Crompton Electric Motors and the strategic acquisition of EMD Drive Systems of Halstead have helped Parvalux to weather the storm particularly well. Now with an estimated 40% share of the UK market, Parvalux say it has never been busier.
“With both operations doing so well it seemed logical for us to join forces” explains Parvalux managing director, Justin Levine “We put ourselves under a lot of pressure to meet demand soon after our acquisition of EMD and that highlighted a number of issues we knew we had to solve at the earliest opportunity. But while this acquisition is primarily designed to take the pressure off of our Bournemouth operations for rapid service and spares, it will also deliver a whole ream of additional benefits that our customers will appreciate: improved response times for standard and customised products, improved customer service, regional sales and stock holding, as well as acting as our UK repair and service centre.”
Pardeep Rajput takes the position of service operations director, and will manage the customer focussed Birmingham operation.
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