arling is new Boalloy owner
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• Boalloy, which makes the famous Tautliner trailer range, has been bought by Marling Industries for 26.8 million.
Marling, which manufactures industrial textiles and supplies safety straps to Boalloy, has had a 20% stake in the Cheshire-based bodybuilder since 1984. It has now purchased the outstanding 80% shares from joint managing directors Geoff Browning and Gerald Broadbent and two sleeping partners, who owned 20% each.
The move will give Boalloy access to Marling's international markets and customers and also allow it to expand for 1992, claims Marling chairman Peter Held.
Boalloy makes bodies for rigid chassis from 3.5 tonnes upwards, and for semi and drawbar trailers. In the year to March the company sold 4,000 units, of which 3,300 were Tautliners. It claims that 40% of major hauliers use its curtainsided system.
It also makes Localliner curtainsided and rigid side access vehicles for local delivery vehicles, Linkfiner rigid side-across vehicles and lnsuliner insulated vehicles. It made 21.1 million pre-tax profit on turnover of 226.2 million.
Boalloy has bases in France, opened in 1979, Holland and Spain, and has overseas licensing agreements in Australia, New Zealand and Japan. Marling is also represented across Europe. Held insists that Boalboy will continue as a separate operating division of Marling.