Multipart’s parent company has a new name: TVS Supply Chain Solutions Ltd (TVS SCS).
The move follows the acquisition of Multipart by the TVS Group of India in September 2009. The group said it opened the way for further TVS acquisitions and growth in the European logistics sector.
“The change of name is indicative of our intention to develop our business – both by organic growth but also through acquisition”, said Richard Slee, CEO of TVS Europe. “Multipart remains a strong brand in the UK CV industry and we plan to have suite of logistics businesses with at least as strong a presence in a variety of other industrial sectors”.
TVS SCS is active in the defence and beverage industries as well as being a supplier of line side production parts for companies such as Cummins and Perkins. The company also has European logistics operations in Spain and Germany as well as the UK.