Fab Recycling acquired by Motorhog
Industry Insights have congratulated <ConnectedSolutions> Partner, FAB Recycling, who recently announced their acquisition by the UK’s largest vehicle dismantler, Motorhog, further strengthening the largest combined motor vehicle salvage disposal and recycling company in the UK.
Jason Cross and the team at FAB Recycling have been instrumental in the success of the <ConnectedSolutions> proposition, driving innovation and growth for partners in the pioneering supply chain proposition.
The acquisition 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 commented, ‘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.
‘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.’
‘We have recognised the hard work and achievements by Fab Recycling, and its directors, which we have very much respected and appreciated’ said Richard Martin. ‘The timing of this acquisition is perfect as FAB specialise 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 markets.’
Steve Thompson, director of Industry Insights, said ‘Congratulations to Jason and the team who, in just over 20 years, have achieved strong growth and invested significantly in quality green parts solutions, backed by outstanding customer service.
‘On behalf of all the <ConnectedSolutions> partners, we look forward to supporting the business during the next stage of growth and are excited by the opportunities the increased scale gives our insurer and fleet clients.’