News: Transhock Ltd taken over by Green Automotive Company
UK automotive parts remanufacturer and distributor, Transhock Ltd has been taken over by Green Automotive Company, California. ReMaTecNews reports.
Tuesday, 13th May 2014
The April edition of ReMaTecNews reports on the takeover of UK automotive parts remanufacturer and distributor, Transhock Ltd, by Green Automotive Company, California. CEO of Green Automotive Company, Ian Hobday is reported to say: "For Green Automotive this acquisition presents an opportunity to strengthen its position in the growing market for recycling vehicle parts and, in particular, to extend and develop its range of remanufactured parts for electric vehicles." The Green Automotive Company sees the continued growth of the EV market as an opportunity for increased remanufacturing of parts with the benefits of reduced operating costs and environmental footprint, compared to new part manufacture. For the full article, please see the external weblink: