Chambers Coaches acquired
Chambers Coaches (Stevenage) Ltd has been acquired by Cambridge based Varsity Transport Holdings (VTH), a new parent company for Eclipse Coaches of Cambridge (ECL) and sister company Eclipse Tours, Holidays and Excursions (ETHEL). The development follows the decision by Directors, Martin Chambers and Debra Tidey, son and daughter of the company’s founder, Cyril Chambers, to retire. It was taken over for an undisclosed sum.
Chambers Coaches, which celebrated its Golden Jubilee in 2016, operates a 22 vehicle fleet throughout Hertfordshire and the surrounding counties. The Stevenage operation runs PCVs ranging from 16 to 70 seats with Ivecos and Volvos to the fore. Debra and Martin are to stay with the company for a handover period. Eclipse Coaches MD, Robert Krueger, now takes over as MD at both VTH and Chambers. He said the acquired operation is to be run as a separate entity from VTH, being ‘business as usual for the operator’.
Eclipse Coaches was established in 2013 and has been in the ownership of Robert Krueger for the past four years. Having shifted its holiday and day excursion programme over to ETHEL to operate, it has since 2015 re-equipped its fleet with Mercedes-Benz Tourismos. It serves mainly corporate, university and tour operator clients.
Robert Krueger said, ‘Chambers is a logical expansion; not only does it extend our geographical reach, it is complementary to our existing businesses in so many ways. We look forward to upholding the reputation and traditions for which the company is known and to serving Stevenage and the surrounding area for the next half century.’
Debra and Martin said, ‘We are pleased to have found a safe pair of hands to take over our operation and are relieved that the business will continue serving Stevenage and the surrounding towns as our father would have wished. We can assure all our customers, going forward, it is business as usual.’