Grant Thornton advises Wilcox Group Limited Wilcox Group Limited has been sold to Total Vehicle Solutions Group Limited

June 2021
Wilcox Group
Adviser to Wilcox Group on their sale to Total Vehicle Solutions Group
Grant Thornton team
Sell side
Corporate finance
Flag of the United Kingdom

We are delighted to have advised Wilcox Group Limited on their sale to Total Vehicle Solutions Group Limited.

Established in 2000, Wilcox Group Limited (“Wilcox”) is a leading UK manufacturer of aluminium bodies for rigid and tipping trailers.  
Total Vehicle Solutions Group Limited (“TVS”) backed by Elaghmore LLP comprises of several complementary high-end, specialist manufacturing firms delivering solutions for the commercial and industrial vehicle industry.  

Wilcox had received interest from TVS and the sellers acknowledged the strong commercial fit between TVS and Wilcox.  

We project managed the process from start to finish, including but not limited to negotiating and increasing the offer through a strong understanding of the business and its sector, which included the changing market conditions due to COVID-19. 

In addition to negotiating a favourable offer for the sellers, we continued to lead negotiations to maximise shareholder value throughout the process (such as detailed analysis over the business’ working capital requirements) and resolved complex issues arising out of due diligence to ensure a seamless transaction.  


Doug and Nicole did an excellent job. The transaction evolved to be significantly more complex than I had originally envisaged. Their deal experience, dedication and commitment was instrumental in delivering a great result. I wouldn’t hesitate to recommend them as lead advisers.

Vito Ronzano Managing Director, Wilcox Group Limited

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