Tong Engineering Announces the Acquisition of Terry Johnson Ltd
Tong Engineering has announced the completion of its takeover of Terry Johnson Ltd, situated in Holbeach, Lincolnshire.
“The acquisition is strongly aligned with Tong Engineering’s growth aspirations and is a natural progression for both businesses, based on long-term synergies and a highly respectful relationship between the two,” according to a recent press release.
Terry Johnson Ltd was founded in 1986 by Terry Johnson and initially sold the Todd sugar beet cleaner loader and the Bettison range of wheel equipment. By 1987, the entire Johnson family was employed, including Terry’s wife Betty, daughter Mandy, and son Paul. In 1994, the business obtained both the facility and the Swift Lift elevator and conveyor product line. Swift Lift handling equipment has created a reputation for high-quality mobile conveying and elevating equipment backed by exceptional customer service thanks to a devoted team and family values at its core.
“Tong Engineering and Terry Johnson Ltd have a long history of working together. We have always shared the same business values and my thanks go to the Johnson family for giving us the privilege of continuing their company’s legacy and products. We are excited to welcome the Terry Johnson Ltd team to the Tong family and look forward to building upon the company’s existing relationships with its customers and subcontract clients, as well as expanding the reach of Swift Lift equipment to new customers in the UK and overseas,” Edward Tong, Managing Director at Tong Engineering, declared.
Edward Tong will take over as Managing Director of both companies, while Teresa Morgan, the current financial Director at Tong Engineering, will expand her financial job across both companies. Tong Engineering Sales Manager Richard Knighton will bring his many years of industry experience to the new purchase as General Manager, overseeing the commercial and product sides of the firm. Tong’s dedicated aftersales branch, TongAssist, will also expand the Swift Lift aftersales offering.
Regarding the acquisition, Paul Johnson said that he is very pleased to be able to establish such a fitting future for his family business.
“I am confident Tong will provide great security and prospects for our employees and customers, and look forward to working closely with the Tong team to ensure a smooth transition and handover. I would very much like to thank our staff and customers for their loyalty and support over the years,” Johnson mentioned.
Last, but not least, Edward Tong added that the completion of the purchase has fallen just ahead of one of his company’s key industry events, the BP2023 British Potato event in Harrogate.
“We look forward to welcoming existing and new customers to our outdoor stands, as well as the Tong stand in Hall 1,” Tong concluded.