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Shaftec Automotive Components Ltd remanufactures and supplies drive, steer and stop parts for the independent aftermarket in Europe.
Headquartered in Birmingham, UK, Shaftec Automotive Components Ltd remanufactures Electric Power Steering units and supplies new propshafts, with around 170 parts in total. Its customers are wholesalers and independent garages in the UK and Europe. In fiscal 2023 it generated revenue of USD 17.94 mn and EBITDA of USD 2.62 mn. Mitesh Thanki is CEO, and Ardenton Capital invested an undisclosed amount in December 2018.
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