Grupo Salvador Caetano, SGPS, SA is a Portuguese holding based in Vila Nova de Gaia, Portugal that controls some enterprises on vehicle assembly, components and distribution business.
It has a turnover of € 2.4 thousand million and is responsible for 6500 jobs, distributed, besides Portugal, by the United Kingdom, Spain, Germany, Cape Verde and Angola.[1]
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The roots of Grupo Salvador Caetano was started to be traced, in 1946, by Salvador Fernandes Caetano (1926-2011) (then with the name "Martins, Caetano & Irmão, Lda.", in the sector of coachbuilding, becoming the first coachbuilder in Portugal (Salvador's brother (irmão), Alfredo Caetano, some years after 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 are 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.[2][3]
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.[7]
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.
The company moved to a purpose built facility in Heather, Leicestershire, England in 1989, built on land acquired from (and located next to) Reliant Coaches Limited, which it subsequently purchased in 1998.
Also in 1998, the company set up a new company S C Coachbuilders Ltd, which was based at a factory in Waterlooville, England, acquired from administrators acting on behalf of Universal Vehicles Group. The site was developed to include a repair facility and parts warehouse as well as new vehicle production. However, production of new bodywork ceased in 2007, and the site was sold in 2009.
In 2006 after a management restructure the UK division started operating under the name of Caetano UK Limited.
Between 1983 and 1988, Caetano also built trolleybuses for the Coimbra trolleybus system and the Porto trolleybus system, both in Portugal.[8]