United Kingdom-based rental company Vp plc has acquired the entire share capital of M&S Hire Limited for £2.8 million in cash. M&S was founded in 1984 and is a specialist rental business supplying access systems and working at height solutions.
M&S operates from a single location in Sittingbourne, Kent, and focuses on the Greater London market. M&S will be integrated within VP’s MEP Hire division which primarily offers low-level access and press fitting tools from nine locations within VP’s U.K. division.
“The acquisition of M&S is an excellent addition to our very successful MEP Hire business and it will complement its existing operations with increased exposure to the commercial fit-out sector,” said Jeremy Pilkington, chairman of Vp plc. “I am delighted to welcome the M&S team to Vp.”
Vp’s U.K. divisions include Groundforce; Brandon Hire Station; ESS; MEP Hire; Torrent Trackside; TPA; and UK Forks. Its international division include Airpac and TR Group.
Vp plc is headquartered in Harrowgate, North Yorkshire, UK.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.