Chevron TM acquires Acones, Arborforce and Sun Traffic

Stockholm (Sweden) / Thame (UK), 09 October 2019 – Chevron Traffic Management Ltd (Chevron TM), a Triton Fund IV portfolio company, has acquired Sun Traffic Ltd (Sun Traffic). Chevron has also acquired the two sister companies Acones Ltd. (Acones) and Arborforce Ltd. (Arborforce).

Established in 1992, Sun Traffic Ltd. is a leading specialist in the provision of traffic management services within the low-speed and events sectors. Operating predominantly in the South of England, Sun Traffic employs more than 70 staff across five depots in Godalming, Wantage, Ringwood, Tewkesbury and Somerton.

Established in 2009, Acones is a leading specialist in the provision of Highways Sector Scheme 12C Mobile Traffic Management. Its sister company Arborforce, established in 2002, specialises in the provision of arboriculture services including highways soft estate management, scheme site clearance, and tree works. Operating predominantly in the South of England, Acones and Arborforce employ more than 50 staff across three depots located in Essex, the London Borough of Hillingdon, and Oxfordshire.

“Sun Traffic is a highly respected player in the low-speed and event traffic management space and we look forward to working with the management team to introduce our digital technologies to support further growth and development of the organisation. Acones and Arborforce are providing new specialisms to our current service offering and we are keen to roll these out nationally across the group.”, said Tim Cockayne, CEO of Chevron TM.