It’s in Dutch but it’s quite a significant takeover. Dutch company Schenk has bought out Suttons tankers
I like the translate function on my new phone. 
West Europe, announces the acquisition of Suttons Tankers Ltd., a renowned tank transport company from the UK. With this strategic acquisition, the company expands its European coverage and strengthens its service offering.
With this acquisition, Schenk grows by almost 50% to a turnover of €440 million and more than 2,600 employees. Schenk will have a fleet of more than 1,450 trucks, 1,300 of its own trailers and 1,000 tank containers.
Strengthening the market position
With the acquisition of Suttons Tankers, Schenk is fulfilling the intended expansion of their service in key markets, building on the strong foundation of excellent performance in existing markets and expanding into new product segments.
Suttons Tankers has a leading position in tank transport in the UK. This 100-year-old family business has an excellent track record and reputation, and therefore fits well with Schenk’s core values. Like Schenk, Suttons serves renowned clients. She takes care of the tank transport of various types of chemicals, gases, (bio)fuels, liquid waste and powders within the UK. Sutton’s network in the UK provides Schenk with a platform for accelerated growth through integration of existing customer portfolios and operations to and from the UK.
A smooth transition
Suttons Tankers will continue under the name Schenk UK. The company will continue under existing management, led by Managing Director, Michael Cundy and Finance Director Chris Orger. This guarantees a smooth integration process, maintaining the quality of service and relationships with existing customers that have made the company a trusted name in the industry.
“We are delighted to welcome Suttons Tankers to the Schenk Group,” says Marcel Claessen, CEO of Schenk Tanktransport. “This acquisition not only strengthens our position in the market, but also offers both companies the opportunity to leverage each other’s strengths and knowledge, allowing us to offer even better services to our customers throughout Europe. We are confident that this partnership will stimulate growth and innovation.”
“Over the last 10 years we have seen significant growth and development within Suttons Tankers, always under leadership and with the support of our shareholders and non-executive team,” said Michael Cundy, Managing Director of Suttons Tankers Ltd. We are now a company that is strategically in the right place to deliver long-term growth and excellent service to our customers. The acquisition by Schenk strengthens the long-term relationships with our markets and represents an interesting new chapter for our company. The progress we have made and the opportunities we now have would not have been possible without the commitment and commitment of our teams.
About Schenk
Schenk is a leading tank transport company in North-West Europe. Schenk specialises in the transport of Liquid Food, Chemicals, Gases and (bio) Fuels.
Schenk has more than 1,750 employees, generates a turnover of approximately €300 million and has locations throughout the working area. The head office is located in Papendrecht (NL). In addition, there are own branches in Antwerp (BE), Leudelange (LU) and Gelsenkirchen (DE). With offices across Europe, the company’s focus is on delivering innovative solutions that meet the changing needs of its customers.
The independent private equity firm Argos Wityu acquired a majority stake in Schenk in 2021 as part of a succession plan. The company is growing both organically and through selective acquisitions.
About Suttons Tankers Ltd.
Suttons Tankers Ltd. has been a renowned name in road transport in the UK for over 100 years, known for their safety, quality and service. The company, headquartered in Widnes, has approximately 875 employees, a turnover of €140 million and specialises in tank logistics of chemicals, gases, (bio)fuels, powders and liquid waste.
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