Foresight Group has made a £7.0 million investment in Spartan Motor Holdings (TEC), a UK distributor specializing in low-voltage electric motors, gearboxes, and inverters, aimed at enhancing product offerings and operational efficiency amid growing demand for energy-efficient solutions.

Information on the Target

Founded in 2006, Spartan Motor Holdings, commonly known as TEC, is a highly regarded distributor of low-voltage electric motors, gearboxes, and inverters. Over its 20-year history, TEC has established itself as a reliable and trusted brand in the UK market, largely thanks to the efforts of its founders Scott Edwards, Tina Edwards, and Gareth Richardson, along with the support of Martin Knott. The company operates from a well-equipped 90,000 sq. ft. facility located in Hartlebury, Worcestershire, complemented by a satellite site in Sheffield.

TEC's product offerings cater to a diverse array of industrial and commercial applications serving sectors such as distributors, machine-building original equipment manufacturers (OEMs), HVAC OEMs, rewinders, and manufacturers of pumps and hydraulic systems. The Company's commitment to quality customer service, extensive inventory, and expertise in motor efficiency sets it apart in a competitive landscape.

Industry Overview in the UK

The UK industrial sector is experiencing a significant transformation driven by stringent efficiency regulations and sustainability targets. As organizations pivot towards more energy-efficient solutions, dem