Lantern Recovery Group announces expansion
Lantern Recovery Group has announced the completed acquisition of Lords Breakdown Recovery Limited, established in 1996.
Lantern Recovery, with an HQ in Potters Bar, Hertfordshire, a major force and market leader in vehicle transportation, recovery and automotive sectors, continues to expand operations throughout the UK.
This acquisition enhances existing capabilities and expertise in Lantern’s Prestige and Specialist Vehicle Transportation section, where Lantern look to expand in the future.
This is a high quality and trusted specialised service for customers with high value vehicles. The fleet of covered, fully-demountable transporters are able to transport intact working vehicles, plus immobile ones, safely and reliably anywhere in the UK and Europe.
As well as acquiring the business, Lantern have retained the staff and in particular a team of prestige drivers, who, apart from displaying the highest standards of professionalism, are amongst the elite and experienced in the art of handling high value vehicles.
The acclaimed service and concept of prestige is closely tied to the Lords Brand and the prestigious service provided will continue to be considered by all, as the standard to be attained.
“Lantern is the performance company,” said Ray Coleman, Lantern’s CEO. “Our goal is to have the broadest and best portfolio of Prestige Vehicle Transportation services to exceed the expectations of all of our customers. The Lords acquisition is a perfect fit with our strategy and ethos”.
Ray Coleman added: “Lantern’s passion and commitment for meeting its customers’ needs and quality of service delivered, is the driving force behind our targeted, structured growth”.
Having acquired Lords, Lantern will enable the Lords dreams and vision to be transformed into a reality. It also brings a whole new dimension to the service which Lords can offer its customers, ranging from Commercial Recovery to Plant and Multi-Load Transportation services. This expansion demonstrates how Lords is a natural fit for a company which wants to help reinvent the vehicle transportation and recovery industry.
Lantern has proved its durability and sustainability in a demanding sector. With 48 years experience and a clear vision of the road ahead, Lantern has been established as a trusted and reliable brand within the vehicle transportation and recovery sectors.