Chambers of Stevenage is under new ownership. The news comes following the formation of Cambridge-based Varsity Transport Holdings (VTH), a new parent company for Eclipse Coaches of Cambridge (ECL) and sister company Eclipse Tours, Holidays & Excursions (ETHEL).
Simultaneously, VTH has acquired Chambers Coaches (Stevenage) Limited (CCSL), for an undisclosed sum, following the decision by directors Martin Chambers and Debra Tidey, son and daughter of the company’s founder, Cyril Chambers, to retire. Chambers Coaches, which celebrated its Golden Jubilee in 2016, operates a 22-vehicle fleet throughout Hertfordshire and the surrounding counties.
Robert Krueger, Eclipse Coaches MD, takes over as Managing Director at both VTH and CCSL. Commenting on the acquisition Robert 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.”
Commenting on the decision to retire, Debra and Martin, who will both stay with the company for a handover period, commented: “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 the Stevenage area as our father would have wished. We can assure all our customers, going forward, it is business as usual.”
