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TTL Automotive Ltd. is now part of the leading expert organisation

27/02/2014

DEKRA takes over British specialist service provider for OEM dealerships

  • Previously owner-managed company with around 100 employees
  • Strengthening DEKRA's market and brand presence in the UK

The internationally active expert organisation DEKRA has taken over the British company TTL Automotive Ltd. The company, headquartered in Stokenchurch near London, is active in the field of business improvement services for OEM dealerships. It serves its customers, mostly based in the UK, with individually tailored services in the fields of process optimisation and performance management.

"We are hoping that our take-over of TTL Automotive will strengthen our market presence and offer us improved access to customers from the automotive industry in the UK," says Clemens Klinke, a member of the Management Board of DEKRA SE and in charge of the Automotive business unit. "In addition, our DEKRA brand will be strengthened in the UK thanks to the take-over."

TTL Automotive Ltd. has a workforce of around 100 employees and was owner-managed prior to the take-over on 31 January. The two former owners, Mike Budny and Alex Underwood, will remain at the top of the company, even now that it is owned by DEKRA.

"The take-over of TTL Automotive will allow DEKRA to perfectly complement the services offered, for example, by its subsidiary DEKRA Automotive Solutions to vehicle manufacturers in the field of used car management and remarketing," says Dr. Rolf Krokel, CEO of DEKRA International GmbH, which coordinated the acquisition.

Up to now, the expert organisation has been represented in the UK with DEKRA Expert Ltd. The group also hopes the take-over of TTL will have a discernible effect on its activities, e.g. through more direct market access to the relevant brand dealerships.

About DEKRA

DEKRA SE is one of the world's leading expert organisations. The company currently runs activities in more than 50 countries. More than 30,000 employees are committed to ensuring long-term safety, quality and environmental protection. The DEKRA Business Units "Automotive", "Industrial" and "Personnel" provide professional and innovative services in the fields of vehicle testing, expert appraisals, international claims settlement, consulting, industrial testing, product testing, certification, environmental protection, qualification as well as temporary work. In 2013, DEKRA generated preliminary sales totalling approximately 2.3 billion Euros.

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