Reed Business Information acquires TruckNet UK
Reed Business Information, the owner of Commercial Motor, Motor Transport and Truck & Driver, has stepped in to secure the future of TruckNet UK, the UK’s biggest on-line road transport website for drivers. A deal to purchase the assets of TruckNet UK, for an undisclosed sum, from its owners in the UK and USA, was completed today.
Roger Williams, publishing director of the Reed Road Transport Group, the publishing division of Reed Business Information responsible for Commercial Motor, Motor Transport and Truck & Driver, said of the purchase: “We are delighted to have brought TruckNet UK within the road transport group portfolio. There are clear synergies between it and our new RoadTransport.com web site project which will be launched at the beginning of 2007.TruckNet is a good strategic fit with our business and suits our aspirations for long-term growth in the on-line arena. The strengths and merits of these two sites will prove a powerful combination for the benefit of the Road Transport Industry.
“Rikki Chequer, with his team of moderators has worked hard to facilitate the growth of the TruckNet UK community and it is excellent news that Rikki has agreed to continue in his role as community manager on the site. I’d like to reassure the TruckNet UK community that we won’t be planning any major changes to the site, although we will be interested to hear from members who have suggestions for any new services we could offer,” Roger added. “This acquisition will mean we are able to bring to the website and the community the expertise and resources needed to not only ensure that TruckNet UK stays as the No1 website for the professional driver, but also continue to grow and add services for its members.”