ELTA takeover Cooling Components Limited
ELTA Automotive Limited has announced the takeover of Cooling Components Limited, marking a milestone in the company’s “continued growth strategy” and showing its commitment to investing in “strong, specialist businesses” serving the trade.
Based in Tamworth, neighbouring ELTA’s Coleshill headquarters, Cooling Components is a specialist in automotive cooling systems – probably best recognised for its Serck Automotive brand – but, according to its website, it also supplies engine-related parts, fuel and engine management components, steering parts, switches and wipers.
ELTA says Cooling Components will continue to operate from its Tamworth warehouse, with all day-to-day operations remaining unchanged. Due to the business being “successful and well run”, the acquisition marks a “rare opportunity to bring a company in excellent shape” into ELTA’s group.
Cooling and thermal management products are becoming increasingly strategic, says ELTA, citing the complexity of modern vehicle technology – particularly in hybrid and electric vehicles – and the importance of effective temperature control for performance, reliability and emissions compliance. This underlines ELTA’s drive to strengthen its position in the sector.
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As part of the acquisition, Paul Baggott will remain as director of Cooling Components. He said that to take Serck Automotive to the “next level”, new investment and additional resources were needed.
He continued: “Joining the ELTA group gives us exactly that. Access to ELTA’s in-house data, marketing and operational expertise will deliver immediate benefits and support sustainable long-term growth, while allowing us to retain the specialist focus our customers value.”
ELTA Automotive Limited Director, Ian Hallam, added: “Cooling Components is a strong business with an excellent reputation and deep technical expertise. Cooling and thermal management are vital growth areas for the aftermarket, as vehicle technology continues to evolve.
“We are delighted that Paul will continue to lead the business and that operations will remain in Tamworth, preserving the specialist focus customers value.”
The addition of the Serck Automotive brand strengthens ELTA’s portfolio, which includes VXPRO, VisionPRO, Lucas and Pride.
ELTA says both businesses will benefit from shared resources, extended product ranges and new commercial opportunities, while maintaining their individual identities and strengths. Furthermore, customers can expect “continuity of service alongside enhanced support and long-term investment”.
