Aberdeen-based apparatus rent specialist Centurion Staff has received the trade of powered-access hirer Aerial Platforms Ltd (APL).
Headquartered in Leigh, Higher Manchester, and with depots in Newcastle and Carlisle, APL operates a fleet of scissor lifts, growth lifts and telehandlers serving consumers within the development, infrastructure and retail sectors.
The purchase extends Centurion’s portfolio of products and services, which specializes in the commercial and offshore sectors. In a observation, Centurion mentioned that APL’s “sturdy marketplace popularity” will receive advantages the gang whilst, as a part of Centurion, APL will have the benefit of the gang’s monetary power.
APL now has entry to further monetary backing to put money into new condo belongings, infrastructure and functions, mentioned Centurion.
Centurion, which is majority owned by means of personal fairness company SCF Companions, has grown unexpectedly lately. Since 2017, staff income has greater than doubled, from US$200m (£150m) to US$500m (£756m) ultimate yr.
Comparable Knowledge
Acquisitions are central to Centurion’s enlargement technique and the corporate has finished 21 acquisitions in the United Kingdom, US, Canada, Europe, UAE and Australia since 2017, growth into new markets reminiscent of renewables, minerals, infrastructure, defence and govt.
Centurion leader govt Euan Leask mentioned: “We’re more than happy to welcome APL to Centurion. The trade has a robust popularity throughout the United Kingdom within the powered
entry marketplace, making it a perfect addition to our UK & Europe operations. The purchase no longer handiest expands our footprint throughout England, but additionally strengthens our place within the development, infrastructure and retail markets, and grows the variability of lifting products and services we will be able to be offering our consumers.”
APL’s erstwhile proprietor, Jason Seddon, mentioned that becoming a member of Centurion “marks an exhilarating new bankruptcy for APL. We’re pleased with what we’ve constructed and sit up for rising our trade as a part of a gaggle that stocks our dedication to provider, protection and steady development.”
Were given a tale? E-mail information@theforklift-dealerzone.com
