Private equity firm Elaghmore buys Priden Engineering

Commercial Motor
April 11, 2018

Private equity firm Elaghmore Partners has bought Wisbech-based Priden Engineering for an undisclosed sum.

Priden, which provides bulk blowing equipment, pneumatic systems and other commercial vehicle modification services, will remain an independent company and its management will stay with the business.

The firm will now work closely with commercial vehicle fabrication and design specialist SB Components, also based in Wisbech, which Elaghmore acquired in December 2016.

The combined Priden and SB Components business will employ 250 people and have annual sales of more than £40m.

Kevin Walker (pictured), director at Priden, which has four factories and 100 employees, said: “With Elaghmore, Priden has a strong financial backer with a track record of growing businesses, who can help us build on our successful work and take us to the next level of our development.”

  • Are you in the market for a used commercial vehicle? We have thousands available from dealerships across the country. Visit our dedicated stock pages to find the right one for you.




About the Author

Commercial Motor is the online presence for Commercial Motor magazine, the world’s oldest magazine dedicated to the commercial vehicle industry.

It is your online source for the best new and used trucks and trailers in the UK - plus the latest news, and the best buying advice you'll find in the industry.

All of the dealers listed have been are visited by our field sales team in person at their premises and our editorial team are constantly out and about speaking to dealers, operators and suppliers - this helps build really great market knowledge that assists you.

Articles published by the author Commercial Motor may be collaborative efforts by our journalists or contain significant elements obtained from press releases or company statements. They have, however, still been written and checked by our expert editorial team.

Share this article