Fork Rent expands with the acquisition of Swift Plant Hire
23 May 2008
Fork Rent plc has acquired the mechanical assets of Ibstock-based rental business Swift Plant Hire
Leading independent hire firm Fork Rent plc has acquired the mechanical assets of Ibstock-based rental business Swift Plant Hire, the in-house plant business of David Wilson Homes, boosting its fleet to more than 1,400 items of plant. The deal, for an undisclosed sum, includes in excess of 120 telescopic handlers and more than 20 delivery vehicles. As part of the acquisition, Fork Rent has signed an 18-month sole-supply agreement with David Wilson Homes, to provide plant and equipment to all of the company’s house building sites across the UK. Fork Rent, based in Ipswich, Suffolk, currently runs more than 1,200 machines in its hire fleet, more than half of which are telescopic handlers. The hire firm had already been supplying machines to many of David Wilson’s sites, but will now provide a complete plant service to the house building contractor. “There was a great deal of synergy between the two fleets, but this deal will mean more than simply adding 120 machines to our business,” says Fork Rent director Guy Nicholls. “We run the youngest fleet of telehandlers in the country, 14 months is the maximum turnaround for our machines. We will therefore be renewing all of these additional telehandlers within the next six months. “This acquisition is part of our ongoing plan to grow the business, and we will be making further announcements in the coming months.”Other Press Releases By This Company
- 15/03/2013 - New Northern Depots strengthen customer support
- 09/01/2013 - Fork Rent vital to the success of Glastonbury Festival
- 09/01/2013 - Customer Survey: Feedback from our new Customer Service Supervisor
- 09/01/2013 - Gator Utility Vehicles - Now available to hire
- 09/01/2013 - Further investment into Vehicles, Machines & Customer Service
- 09/01/2013 - Now available for hire 550-80 - The most powerful JCB Telehandler yet
- 09/01/2013 - JCB 540-200 – Pre-book Europe's only 20 metre Telehandler available from January 2013
- 09/01/2013 - Fork Rent – UK’s Top Telehandler Company
- 02/02/2012 - Expanding Fork Rent invests in 600 JCB Telescopic Handlers
- 27/11/2009 - Plant hire company Fork Rent buys new delivery trucks
- 23/05/2008 - Fork Rent plc signs largest deal ever for JCB Loadalls
