Salvador Caetano
| Sociedade Anónima | |
| Industry | Commercial vehicles |
| Headquarters | Vila Nova de Gaia, Portugal |
|
Key people
|
Salvador Acácio Caetano (CEO) |
| Products | Buses and trucks |
| Website | www.gruposalvadorcaetano.pt |
Grupo Salvador Caetano, SGPS, SA or simply Salvador Caetano is a Portuguese holding based in Vila Nova de Gaia, Portugal that controls some enterprises on vehicle assembly, components and distribution business.
It had a turnover of €1.6 billion in 2012 and is responsible for 6,000 jobs, besides Portugal, in the United Kingdom, Spain, Germany, Cape Verde and Angola.
The roots of Grupo Salvador Caetano can be traced, in 1946, to Salvador Fernandes Caetano (1926-2011) (then with the name "Martins, Caetano & Irmão, Lda.", in the coachbuilding sector, becoming the first coachbuilder in Portugal (Salvador's brother (irmão), Alfredo Caetano, some years afterwards, founded another coachbuilding company, named after him: recently the company was renamed as Starbus, as well as Mr. Joaquim Martins who founded JD Martins).
In 1965, the workshops in Oliveira do Douro were inaugurated and in 1971, Salvador Caetanos's first industrial unit for vehicle assembly was built in Ovar.
In 1968, Salvador Caetano became the importer of Toyota, introducing the brand in Portugal.
In 1982, Baviera, the importer of BMW in Portugal, was acquired by Salvador Caetano.
On 27 June 2011, the company founder, Salvador Fernandes Caetano, died. Caetano's achievements brought him several commendations from both the Portuguese and the Japanese government.
Grupo Salvador Caetano (SGPS), SA is the parent company that controls the group and is responsible for managing the holdings, as well as setting the strategy and coordinating all activities of business, which consists of three main business units, organized by three sub-holdings:
As well as:
Grupo Salvador Caetano is responsible for about 50 companies, in Portugal, UK, Spain, Germany, Cape Verde and Angola.
Salvador Caetano (UK) Limited was established in 1984 as an associated United Kingdom company of Salvador Caetano. It specialises in both the marketing of new own-brand vehicles and used vehicles of other coachbuilders, along with repairs.
The initial location was in rented premises on Weedon Road in Northampton, England. In 1986, the company was briefly associated with The Moseley Group, based in Loughborough, England, which bought a proportion of the UK business. This link was short-lived, being cancelled a few months afterwards.
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Wikipedia