MJ Allen Automotive acquires Shaftec brand

MJ Allen Automotive has acquired the Shaftec brand, its intellectual property and stock inventory. This comes after the majority of the remanufacturer’s workforce were made redundant and the company put into administration in March.

A statement released by MJ Allen Automotive on Monday 13 April said: “The acquisition strengthens our steering, braking and drivetrain offering and expands our all-around-the-wheel portfolio, alongside our wider range including clutch and engine management.

“Shaftec adds a well-known name, technical know-how and a comprehensive product range, including a market-leading caliper programme. Customers will continue to benefit from Shaftec’s steering racks and pumps, known for precision and reliability, alongside calipers, CV joints, driveshafts and boot kits.

“The addition of Shaftec’s steering, braking and drivetrain components complements MJ Allen Automotive’s existing range, including pads, calipers, discs, drums, fitting kits, shoes and wheel bearings within our around-the-wheel product portfolio. This comprehensive integration allows us to deliver a complete suite of solutions that support every aspect of vehicle performance and safety.”

PMF has approached both MJ Allen and FRP Advisory, the appointed administrator, for comment.