Project Bus: Diesel to Electric Bus conversion specialist

Business Opportunity - Project Bus: Diesel to Electric Bus conversion specialist

Project Bus: Diesel to Electric Bus conversion specialist

Project Bus: Diesel to Electric Bus conversion specialist

David Taylor and Paul Ellison of KRE Corporate Recovery Limited have been engaged to market for sale the business and assets of a UK based company specialising in the conversion of diesel vehicles to electric power.

They are seeking bids for the business and assets through an Administration process.


OVERVIEW

Award winning UK based company specialising in repowering diesel vehicles to electric.

Target customer base typically bus fleets thereby significantly extending the operational life of diesel vehicles and supporting the government’s move to net-zero.

Primary assets include the proprietary intellectual property, brand name and website.

13 employees including mechanical engineers and software developers.

Over £5m spent to date on R&D. Limited further R&D expenditure required.

In current negotiations for a £4m contract with one council and further contracts totalling £10m.

Operates from two leasehold units in the South of England


TIMEFRAME

Interested parties should sign an NDA which is attached and return to Alison Young (alison.young@krecr.co.uk). Deadline for expressions of interest and indicative offers 5pm on 6 March 2026.

If you require any further information, please contact Alison Young (alison.young@krecr.co.uk) or alternatively call on 01189 977 352.

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