Northern Commercials and Stormont Truck & Van unite

Watford, 12 August 2013

Iveco dealers Northern Commercials (Mirfield) Ltd and Stormont Truck & Van Ltd, both wholly owned subsidiaries of Clipper Group Holdings, are coming together to form a single legal entity.

Northern Commercials has acquired the trade and assets of Stormont Truck & Van, with Stormont’s network of four dealerships to be re-branded as Northern Commercials sites.

The change of name makes Northern Commercials one of the largest Iveco dealers in the UK, with the former Stormont dealerships in Brighton, Dunstable, Northampton and Tonbridge joining with its existing network in Brighouse and Manchester.

At the same time Northern Commercials is taking the opportunity to centralise its accounting process, with all customer accounts being managed from its head office and flagship dealer site in Brighouse.

Roger Peel, Group Managing Director of Northern Commercials, explains: “Ever since our parent company purchased Stormont Truck & Van five years ago, our businesses have operated closely alongside each other. Naturally, it made strategic sense to integrate the two companies and to go to market as a single brand.”

Iveco

Iveco, a Fiat Industrial company, designs, manufactures and markets a wide range of light, medium and heavy commercial vehicles, off-road trucks, city and intercity buses and coaches as well as special vehicles for applications such as firefighting, off-road missions, defence and civil protection. Iveco employs over 26,000 individuals globally. It manages production sites in 11 countries throughout Europe, Asia, Africa, Oceania and Latin America where it produces vehicles featuring the latest advanced technologies. 5,000 sales and service outlets in over 160 countries guarantee technical support wherever an Iveco vehicle is at work.

2424/13

ref:  IVECO 13037

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IVECO is a brand of CNH Industrial N.V., a World leader in Capital Goods listed on the New York Stock Exchange (NYSE: CNHI) and on the Mercato Telematico Azionario of the Borsa Italiana (MI: CNHI). IVECO designs, manufactures and markets a wide range of light, medium and heavy commercial vehicles, off-road trucks, city and intercity buses and coaches as well as special vehicles for applications such as firefighting, off-road missions, defence and civil protection. IVECO employs over 27,000 individuals globally. It manages production sites in 11 countries throughout Europe, Asia, Africa, Oceania and Latin America where it produces vehicles featuring the latest advanced technologies. 5,000 sales and service outlets in over 160 countries guarantee technical support wherever an IVECO vehicle is at work. For more on IVECO visit: www.iveco.com For more on CNH Industrial visit: www.cnhindustrial.com