The Tibbetts Group has evolved over the last 30 years with the business now being managed by an executive team, led by the current Group Managing Director, Mr Jonathan Tibbetts. It was his father Mr John Tibbetts that had the vision to create a business within the automotive components sector after working for many years for Automotive Products.
John Tibbetts (Europarts) Ltd (1982)
Created and founded by John Tibbetts to bridge the gap in the market of automotive clutch components and brake calipers in the UK, allowing large distribution networks the opportunity to have collated ranges and offer customers full and complete services.
EuroQuip Automotive Ltd (1984)
Created and founded by Mrs Trisha Tibbetts to supply the automotive clutch Original Equipment and remanufacturing sectors with components such as release bearings, hydraulic actuators and friction material. The business served customers and allowed for the invention of the 3-in-1 clutch kit which became common place throughout the UK, Europe and now throughout the world, replacing the traditional single component market.
Tibbetts Group Ltd (2005)
Due to the demands and evlution of the market, John Tibbetts (Europarts) and EuroQuip Automotive were merged in 2005. This point in the history was a turning point in both growth strategy and leadership, with Jonathan Tibbetts taking over as Managing Director in 2007.
Acquisition of Clutch Master UK (2005)
Clutch Mater was acquired by the Tibbetts group to enhance the product offer of clutch components and break into the specialised commercial vehicle clutch sector. With the acquisition, Tibbetts brought in customers, knowledge and the employees. Today commercial vehicle clutch remains a large part of the TGL division.
Acquisition of BF Component Solutions (2013)
The acquisition of BFC has further enhanced the strategic view of the group and the Tibbetts processes have allowed BFC to grow further into 2nd tier automotive and aerospace sectors. The acquisition follows the set strategy of reducing the risk, increasing revenues whilst following group processes. In 2015, BFC moved into a new green field site, directly accessed from the M40 in Stokenchurch.
Creation of the new divisions (2014)
The groups structure started to take place with acquisitions and organic growth. TGL is now synonymous with the automotive clutch sector, known through out the world, BFC is a specialist in the automotive, aerospace and industrial fastener supply sectors, with SFF being represented as a specialist in the security fastener sector.
Acquisition of SFF & Electra Engineering (2016)
The acquisition of Electra Engineering and moreover the specialist security sector business SFF not only compliments the acquisitional strategy, but also brings in great expertise in a sector which Tibbetts does not operate today.
New Head Quarters and TGL facilities (2017)
All group functions and TGL division functions are located in a new, updated facility in Banbury, UK.