01.03.2016
Vp acquires Higher Access
UK rental company Vp has acquired spider lift rental specialist Higher Access for £4.1 million in an all share purchase deal. The company also announced that following a satisfactory winter trading period, its full year results should be in line with current market expectations.
Higher Access - which probably runs the largest spider lift fleet in the UK - will operate alongside Vp’s telehandler business, UK Forks. The company operates from two depots in Burnley and Luton and was established around 10 years ago by Peter Ashburner.
Vp chairman Jeremy Pilkington said: “We are very pleased to welcome the Higher Access team to the Vp group. The acquisition will be an excellent complement to our strong UK Forks business and fits the Vp model of developing specialist rental businesses with strong market positions."
Comments