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SYNETIQ ACQUIRE MOTORMAN

Marion Zalkin, Tom Rumboll, Tony Zalkin

SYNETIQ the UK’s largest salvage and vehicle recycling company have acquired St Albans-based Motorman Ltd. 

Motorman is the UK’s leading independent remanufactured parts supplier and repair partner to the fleet industry. Established over 50 years ago by Tony Zalkin, the business has built a reputation for its expertise and service, especially with engines, transmissions and drivetrain products. 

Motorman is an attractive strategic fit with SYNETIQ due to its 50-year trading history, long-standing, blue chip client relationships in a key market for SYNETIQ.  The timing was right as both Tony and his wife Marion were looking to take full retirement and sell the business and the acquisition helps build SYNETIQs offering to the UK’s fleet market.

All the loyal Motorman team have been retained and will continue to be led by Brian Cafferty, Sales Director. The business will be integrated into the SYNETIQ business quickly, and our priorities are to ensure a smooth transition for clients, suppliers, and colleagues.  

Tony Zalkin of Motorman said:

“I am proud of the business that Marion, myself and our dedicated team have built over the years, but the timing is right to enjoy our retirement. I know that our legacy is in good hands with both Brian and the SYNETIQ business; I also know they will ensure that the reputation we have built for quality and customer services will carry on after the handover. They will also make sure our long serving; loyal team are very well looked after.”

Tom Rumboll, Executive Chairman at SYNETIQ said:

SYNETIQ was created to build the UK’s best and most innovative provider of solutions to the parts, salvage and fleet market. The acquisition of Motorman is another step in enhancing our market-leading proposition and will allow us to unlock real synergies for the benefit of our clients, customers and colleagues. Once we met Tony, Marion and the team, this was the obvious choice for the first of several strategic acquisitions for SYNETIQ, as we focus on implementing our strategy for growth. We wish both of them all the best in their retirement and look forward to welcoming Brian and the team into the SYNETIQ family”. 

SYNETIQ acquire Motorman
Marion Zalkin, Tom Rumboll, Brian Cafferty, Tony Zalkin

To find out more about SYNETIQ visit www.synetiq.co.uk

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Owain Griffiths

Owain Griffiths

Head of Circular Economy at Volvo Cars

Owain joined Volvo Cars in June 2021 to lead Circular Economy in the Global Sustainability Team. The company has committed to being a circular business by 2040 and has financial, recycled content and CO2 based targets for 2025, all of which Owain is working across the company to make happen. Owain previously worked for circular economy consultancy Oakdene Hollins where he advised businesses on evidence led circular economy implementation. 

Turning into a circular business and the importance of vehicle reuse and recycling.

The presentation will cover the work Volvo Cars is doing to achieve 2025 but mainly focus on the transformational work towards 2040 and the business and value chain changes being considered. Attention will be paid to the way vehicles are being dealt with at the end of life and the complexities of closing material and component loops. Opportunities and challenges which Volvo Cars is facing will be presented including engagement with 3rd parties and increasing pressure from stakeholders.