Shaftec has today announced that long-term investment company Ardenton Capital is to invest in its business. The move will allow the leading remanufacturer of Transmission, Braking and Steering components to accelerate its business growth further into new European markets.

 
Shaftec Managing Director, Robert Jones, who founded the business 23 years ago, commented, “Whilst it’s business as usual for our customers, these are exciting times for Shaftec. The investment from Ardenton Capital will help support the business as we develop our strategic vision for the brand and implement our expansion plans into new European markets. Sharing our ethos for long term, sustainable growth, Ardenton are our partner of choice.”

Iain Marlow, Director of Ardenton UK, said, “We seek to partner with exceptional management teams who demonstrate a clear passion for their business and are committed to long term and sustainable growth. Shaftec is a true market leader and its success to date is a testament to the operational excellence and dedication of its management team.”

Tom Curtis, Shaftec Sales Director added, “We pride ourselves on being able to offer the largest product range and combine this with unrivalled customer service and technical support. We look forward to working alongside Ardenton to grow the business further.”

 Shaftec has been supplying remanufactured and new parts to the motor trade for more than 20 years. With 130 employees, the business operates from its 42,000 sqft facility in Birmingham where it remanufactures and distributes products across Europe.