Coeval acquired, looking forward to growth

Specialist vehicle activated sign (VAS) and overhead vehicle detector (OVD) manufacturer Coeval Group has been acquired by QAS Asset Finance. Coeval’s owners, Nick Sharp and Gordon Bell have also announced their retirement after 26 years with the business. Coeval’s new managing director Gary Higgins was previously managing director of the TSEU Group that included Traffic Signals UK and Microsense Systems before they were acquired by Telent in 2008. He believes there are significant market opportunit
December 13, 2013 Read time: 2 mins
Specialist vehicle activated sign (VAS) and overhead vehicle detector (OVD) manufacturer Coeval Group has been acquired by QAS Asset Finance. Coeval’s owners, Nick Sharp and Gordon Bell have also announced their retirement after 26 years with the business.
 
Coeval’s new managing director Gary Higgins was previously managing director of the TSEU Group that included Traffic Signals UK and Microsense Systems before they were acquired by 525 Telent in 2008.

He believes there are significant market opportunities available to Coeval and is looking forward to his new challenge. ‘’Coeval is well-established and in many cases is the preferred supplier for a range of quality VAS and OVD equipment’’ says Gary, ‘’I’d like to personally thank Nick and Gordon for handing over a fantastically run business and wish them both well in their retirement. There are some major opportunities available to Coeval both in the UK and overseas and I sincerely believe that we are looking forward to a sustained period of growth within our markets and that Coeval are perfectly placed to take advantage of the good times ahead’’.
Location Based Systems Detection, Monitoring & Machine Vision Classification & Data Collection Urban Traffic Control

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