UK market leader in traction battery rental, Norco Group, and Total Battery Management are delighted to announce the merger of TBM in to the Norco Group of companies. Under the terms of the deal, Norco will make a sizeable financial investment in TBM to support the growing demand from its customer base for battery extractor and transfer carriage systems. TBM, European dealer for BHS Global Inc., specialises in battery room solutions for all materials handling applications. Services include the design, supply and installation of battery extractors, automated transfer carriages, gantry cranes and all associated electrical and ventilation installations. TBM also offers a wide range of products and accessories designed to ensure safe working systems in battery room applications.
Norco markets and distributes traction batteries and related support services under a range of innovative products that deliver substantially reduced costs to owners and operators of materials handling equipment. Mutual customers, along with the existing client bases of both companies, will benefit from the delivery of fully integrated solutions, capitalising upon the combined knowledge and experience of the Norco and TBM management teams.
Commenting on the deal, Stephen Park, Chief Executive of Norco said: “This is a strategic investment by us in a fast growing European market in which TBM are at the forefront in the provision of cutting edge, cost effective battery handling systems. This deal significantly enhances our service offering and I am especially pleased to have brought together a team of people whose knowledge, skills and experience are, in my opinion, unrivalled in the industry.”
Adele Nightingale, Managing Director of TBM said: “I see this as a hugely exciting opportunity to combine the strengths, resources and experience of both teams which will enable us to deliver to the market place the most comprehensive and flexible range of products and services. I believe that exceptional customer service and first class products are what will set us apart and ensure the continued success of the relationships we develop with our customers.”
Terry Orf, Vice President Global Sales & Marketing for BHS Global Ltd, commented: “BHS Global Ltd. is pleased that Total Battery Management (TBM) and Norco are joining forces. The strengths of the two companies compliment each other very well. The experience and expertise in TBM’s core group combined with Norco’s marketing will provide the ability to meet virtually any customer’s electric forklift battery or battery room need. Together, their capabilities include everything from leased power to battery room equipment, design, and personnel. As the battery handling equipment supplier for BHS Global Ltd we are confident that this merger will only bolster the already solid support that TBM provides.”
Norco Group Limited
Tel: 01224 704411
Total Battery Management Limited
Tel: 0560 294 1382