Find a service

T. 0114 276 5555

Tasca Tankers Acquisition Fuels Further Growth

Share this page:

Wakefield-based manufacturer Tasca Tankers is on track for further expansion in the UK and overseas after acquiring the business and assets of Maidment Tankers in West Sussex. out of administration.

hlw Keeble Hawson logoEstablished in 1996 and now employing 100 staff on the Diamond Business Park, Tasca Tankers makes tankers to transport liquids including fuel, oil and water for a wide-range of industries. The company’s sales turnover has increased from £4.6m in 2009 to an estimated £7m in 2011 and staff levels have risen by 50% - to 60 - during the same period.

Neil Large, partner at hlw Keeble Hawson Solicitors - one of the region's biggest practices with offices in Leeds, Sheffield and Doncaster - and Lyndsey Shaw of Sterling Corporate Finance acted for Tasca Tankers.

Tasca is commissioned by customers including Otley-based Tate Fuel Oils, Peak Fuels from Derbyshire and UK fuels and lubricants distributor GB Oils. Its export drive has resulted in orders from Eastern Europe, Africa and the Middle East.

The Maidment base in Littlehampton will continue to provide a sales, service, commercial painting and repair facility. Plans are in the pipeline to further boost the Wakefield workforce by around 20 new recruits this year, in addition to the company’s annual commitment to taking on three new apprentices from Wakefield College.

Said Tasca Tankers’ Shaun Harte, who joined the business in 2009: “With a steadfast reputation for quality and service in the South of England, which mirrored Tasca’s reputation in the North, it was a natural move for Tasca to acquire Maidment from the administrator.

“I’m impressed at the speed and efficiency with which Neil and Lyndsey facilitated and concluded the purchase and am looking forward to driving Tasca Tankers forward as a debt-free business with a strong reputation.”

Added Neil Large: “Tasca’s track record is testimony to its quality-driven ethos and world-class manufacturing techniques. The company’s growth and innovation during the challenging backdrop of the last years, coupled with the Maidment development, leverages its position as a leading player in its field which is proud of its Yorkshire roots.”

Share this page:

Get in Touch