TIP Trailer Services’ Acquisition of Steers Group

Schofield Sweeney advised Steers Group on the deal.

Steers Group, and its wholly-owned subsidiary Eurotrail UK has been bought by TIP Trailer Services. 

Leeds-based Eurotrail, was established in 1997 by Alan Steers and employs approximately 15 people. Associations between Eurotrail and TIP, headquartered in Manchester, go back quite a few years.

The company currently operates a fleet of primarily HGV assets including specialised vehicle bodies, crane, hookloader and cement mixer trucks.

TIP has acquired the shareholding of Eurotrail’s parent company, Steers Group. It has also confirmed that members of Eurotrail’s management team will remain with the business, as too will key members of staff.

David Strachan (Picture), James Farrell, Duncan Watson, Rajveer Basra and Harry Whyte from Schofield Sweeney acted for the family shareholders on the sale.

Involved fees earner: Rajveer Basra – Schofield Sweeney Solicitors; James Farrell – Schofield Sweeney Solicitors; David Strachan – Schofield Sweeney Solicitors; Duncan Watson – Schofield Sweeney Solicitors;

Law Firms: Schofield Sweeney Solicitors;

Clients: Steers Group;

Giulia Di Palma

Author: Giulia Di Palma