Equipment hire company A-Plant has signed an agreement with temporary access provider LION Trackhire to acquire the business in its entirety.
The deal will increase availability of temporary access and flooring solutions to UK customers and enable A-Plant to begin expansion into mainland Europe.
Dale Robinson, LION MD commented: “Our customers have always been our priority and we recognise that, in order to ensure a strong and consistent level of service, it is necessary to establish a scale which secures the long term commitment to investment and development required to meet our growing customer demand. This merger is targeted at providing our customers with the long-term security of supply, quality and service they deserve.”
Completion of the transaction is expected to happen before 31 October 2016.