Schenk Tanktransport has acquired Suttons Tankers, marking a significant development in the logistics sector.
- Suttons Tankers will now operate under Schenk UK, positioning for greater market strength and growth.
- The Sutton family retains Suttons International, focusing on global expansion and ISO-tank logistics.
- The existing management, led by John Sutton, will continue to lead operations with Marcel Claessen from Schenk overseeing the combined entity.
- Schenk’s expertise in tank transport and commitment to innovation promises enhanced services for customers across Europe.
In a move that signifies substantial change in the logistics industry, European giant Schenk Tanktransport has acquired Suttons Tankers. The acquisition will see Suttons operate under the new name Schenk UK, bolstering its market position and unlocking fresh avenues for growth. While the Sutton family remains at the helm of Suttons International, ensuring a focused approach to global expansion, the tankers business transitions into a new phase under Schenk’s ownership.
Suttons Tankers, headquartered in Widnes, employs around 875 individuals with a noteworthy turnover of €140 million. The company is a key player in transporting chemicals, gases, biofuels, and other materials across the UK, servicing a diverse client base. The leadership will continue with John Sutton, maintaining continuity in operations, while Marcel Claessen from Schenk will lead the combined business operations, drawing on his impressive track record in the logistics sector.
John Sutton has expressed pride in the company’s legacy, originally founded by their grandfather, Alf Sutton. With nearly a century of presence in the transport industry, the transition to Schenk ownership is seen as aligning well with Suttons’ values and heritage. This strategic move is also expected to fortify Suttons International’s focus on its core business, with John Sutton acknowledging the dedication of the tanker team over the years.
Michael Cundy, Suttons’ Managing Director, highlighted the significant growth experienced over the past decade under supportive shareholders and a committed team. The acquisition by Schenk is anticipated to support Suttons’ long-term market commitments, marking an exciting new chapter in its storied history. The business is strategically positioned to deliver further growth and exceptional service in its chosen sectors.
Schenk Tanktransport, a leader in North-West European tank transport, brings its fleet of over 900 tractor units and a turnover of €300 million into this partnership. With operations across Europe and a strong focus on safety and innovation, the acquisition is set to enhance service offerings across the region, using combined strengths and knowledge to benefit customers.
Marcel Claessen has expressed enthusiasm in welcoming Suttons Tankers into the Schenk Group. He sees the acquisition as a means to strengthen market presence while leveraging mutual strengths and expertise to elevate service delivery across Europe. This partnership is anticipated to drive growth and foster innovation within the logistics industry.
The acquisition heralds a promising future for both companies, combining their strengths for enhanced service offerings.
