FAB Recycling Ltd; the award winning vehicle dismantler based in Cinderford Gloucestershire is extremely pleased to announce that it has been acquired by Motorhog Ltd, the UK’s largest vehicle dismantler. This purchase includes FAB’s successful Mygreenfleet and FAB Bundle brands. Richard Martin, MD of Motorhog will join the board at FAB with immediate effect to strengthen the existing team led by FAB’s MD Jason Cross.
Jason Cross, Managing Director, FAB Recycling Ltd said “This is a very exciting day for FAB, the timing could not be better. The interest and appetite for quality green parts here at FAB and across the UK has never been stronger. To be recognised by Richard at Motorhog, the UK’s largest and well respected vehicle dismantler; as a company worthy of acquiring is just amazing, FAB’s hard work at delivering top quality graded parts to some of the largest household names in the UK, delivered with exemplary customer service has obviously not gone unnoticed! I look forward to working alongside Richard and his team to develop an exceptional customer focussed offering that will deliver on scale, expertise and passion in the green parts arena here in the UK. By focussing on each other’s strengths we will be able to deliver a formidable UK parts and salvage proposition.
Richard Martin, Managing Director, Motorhog said: ……” We have recognised the hard work and achievements by Fab recycling Ltd and its Directors which we have very much respected and appreciated. Such is the quality and good business ethics of this company we felt that the opportunities this presents would be a perfect fit within our own business. The timing of this acquisition is perfect as Fab Recycling Ltd specialises in some diverse recycling business, particularly with some of its specific Manufacturer and core branded schemes aimed towards the Self Insured and general Fleet Vehicle market. These are very exciting times as we continue our successful growth, the combined strengths, knowledge and experience of both companies will reinforce our market position further as the largest combined Motor Vehicle Salvage disposal and recycling company in the UK.
About FAB Recycling Ltd
Founded in 1991, FAB Recycling is one of the UK’s largest independent specialist vehicle parts recyclers, operating across FAB Direct, FAB Bundle and the My Green Fleet banners. Based on two sites, one a 2.5-acre fleet specialist facility and an additional new 6.5-acre site in Cinderford Gloucestershire. FAB started life as a specialist BMW dismantler but grew rapidly to redefine the standards within the UK’s vehicle dismantling industry. Growth was overseen by Managing Director, Jason Cross, who joined the business in 1994 and today oversees a team of 36 and stocks in excess of 18,500 tested, cleaned, catalogued parts. All of FAB’s recycled bolt-on type body panels and mechanical parts are supplied graded and fully warranted, they also all come with full traceability for added peace of mind. FAB makes over 14,300 individual shipments of recycled parts worldwide every year and is the only UK vehicle dismantler to be both ISO 14001 registered and certified carbon neutral.
About FAB Direct
FAB’s online business deals with hundreds of enquiries every week from the trade and general public looking for high-quality guaranteed recycled parts for cars and LCVs.
About FAB Bundle
An online auction-based marketplace for trade buyers and sellers to purchase quality recycled parts in bundles. “The must go auction site for Trade parts buyers and sellers.”
About My Green Fleet (MGF)
Aimed at public and private sector fleet managers, MGF creates a pool of written-off vehicles that are purchased under contract. Non-safety related parts are removed from these vehicles, graded, stored, and then sold back to the donor fleets as and when required. MGF reduces repair costs and down time, improves vehicle retention and is a secure environmentally-friendly disposal route for damaged end of life vehicles.
About Motorhog Limited
Motorhog Limited is the largest combined Motor Vehicle Salvage disposal and recycling company in the UK. The company specialises in the compliant disposal of accident damaged vehicles on behalf of Motor Insurance Companies and other similar clients in the Vehicle and Motor claim Industry. Vehicles not suitable for resale are dismantled and recycled in accordance with the ABI guidelines for the disposal of Motor vehicle salvage. The company was originally founded in 1939 by the Grandfather of the current Directors Richard and David Martin and has a proven track record of steady growth through generations giving business stability and controlled scalability. After operating and growing successfully for over 78 years the business now has a multimillion pound turnover with re-investment and sustainable growth the main priority. Motorhog continually invest in improvements to infrastructure, vehicles, plant and equipment and currently employ over 240 experienced and dedicated personnel. With 12 main sites across the United Kingdom and a number of smaller satellite sites strategically positioned, Motorhog are able to offer a full United Kingdom vehicle collection service. In 2017 a new site in Scotland has been added to the existing portfolio.
Motorhog has enjoyed much success as the business continues to grow with new and existing clients using the safe and compliant vehicle disposal and recycling services. During 2017 Motorhog has been successful in securing a number of new clients and were very proud in April to announce securing a new contract with NFU Mutual to dispose of non-agricultural, and Motor Vehicles of all types including Cars and Commercial vehicles.
The acquisition of Fab recycling Limited is a perfect fit for the Motorhog business which will enhance and strengthen the current portfolio business further.