The Rhino Products Group are pleased to announce that we have successfully acquired Hubb Systems.
The acquisition of Hubb Systems is fantastic news for the Rhino Products Group, as we further strengthen our position as market leaders, providing our industry leading products to an even larger share of the market, while also adding to and diversifying our strong product range for our customer base.
The Rhino journey has always been centred around innovation, pushing forwards and consistently providing the very best products and levels of service for our dedicated customers – something that has always been reflected in our ambitious growth plans, such as the recent successful venture in the set up of our new delivery service, Rhino Products Express.
“The acquisition of Hubb Systems ensures that we can offer our industry leading products to an even larger share of the market, while also continuing to diversify our product range. As we continue working towards our ambitious growth plans, I have no doubt that this year will prove to be another extremely exciting and successful one for the Rhino Products group, and I look forward to working with our fantastic internal teams to make 2022 a year to remember.”
“This acquisition does mean going forwards that we will begin to incorporate some Hubb Systems products into the Rhino Products catalogue, and we look forward to sharing details of this with you in the coming weeks. Our in-house team of 9 design engineers are currently working on bringing these products up to our high standards in terms of reliability and rigorous testing, and we will update you further once these products are available for purchase.” – Steve Egerton, Rhino Products Group CEO
New production lines for these products will be set up at Rhino’s Deeside factory, that also homes sister company, AVS Steps. These new lines will accommodate newly acquired machinery and equipment, with new staff being welcomed to the group to accommodate additional workflow.
This new acquisition into the Rhino Products Group comes as the group celebrates the fifth anniversary of the last major acquisition, AVS Steps, in 2017. AVS are leading the way in the design and manufacturing of passenger and emergency service vehicle side steps and have excelled in terms of both product quality and reliability since being welcomed into the Rhino Group. This announcement also follows the news that mid-market private equity firm LDC backed the Rhino Group in 2020 to help supercharge growth – a strategy that can now be seen coming to fruition in this exciting acquisition.
You can view Rhino’s full product range by visiting www.rhinoproducts.co.uk.