Boels Rental, based in the Netherlands and one of the largest equipment rental companies in Europe, has acquired the entire share capital of Supply UK Group for an undisclosed sum. Supply UK Group is a tool rental company in the U.K. with a strong specialist Survey and Laser equipment division.
Supply UK Group was founded in 1998 and grew to 25 locations, owned by the founding group. The company has 165 employees and is a leading provider of tool hire, small plant and specialist surveying equipment in the U.K. Its managing director Chris Haycocks will lead the next phase of the company’s growth, and will, in the future, be branded as Boels.
“Boels investment will enable us to offer an ever-increasing selection of new equipment during our next phases of growth,” said Haycocks.
“The U.K. is the largest market for equipment and tool rental in Europe, so it was a natural step for us, having found the right team in Supply UK that shares our customer service ethos,” said Pierre Boels, managing director of Boels Rental. “The rental concepts we will bring together with continued investment in new equipment and facilities, will work well for customers in the U.K.”
Boels Rental started in tool rental 40 years ago, moving into specialized rental categories including larger equipment and industrial rental in many European markets. Boels Rental now operates from more than 350 locations in the Netherlands, Germany, Belgium, Luxembourg, Austria, Switzerland, Czech Republic, Poland, Italy and Slovakia.