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ELECTRIC TRUCKS * UK - Tanfield receives offer on Smith Electric Vehicles
UK -The Green Car Website, by Faye Sunderland - March 10, 2010 : -- The Tanfield Group PLC has received a provisional offer on its electric vehicle division, Smith Electric Vehicles... The offer is worth £37 million, equivalent to 50 pence per existing share plus a £33.3 million contingent credit fund prior to September 2015... The non-binding, conditional offer comes from Smith Electric Vehicles US (SEVUS) which wishes to buy up its UK counterpart... Smith Electric Vehicles is known for supplying electric vans and trucks for urban fleet operations to customers across the UK and Europe, including Sainsbury’s, TNT, DHL, TK Maxx and Scottish & Southern Energy... (Photo from blogcdn.com/green.autoblog: Tanfield Smith EV Newtong)
Labels: electric trucks
posted by Unknown @ 3:40 PM
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