Business
Acquisition
Acquisition.
About this update from Vp Plc
[{"type":"text","content":"\n \nRNS Number : 5733Y Vp PLC 10 May 2019 \n\n\n\n\nPress Release\n \n\n\n\n\n\n10 May 2019\n\n\n\n \nVp plc\n('Vp' or the 'Group')\n \nAcquisition\n \nVp plc, the equipment rental specialist, today announces the acquisition of the entire issued share capital of Sandhurst Limited ('Sandhurst') for a cash consideration of £3.325 million.\n \nSandhurst was founded in 2004 and is engaged in the rental of specialist excavator attachments to the construction and civil engineering sectors from five locations across the UK.\n \nSandhurst will work alongside and complement our Piling business within Vp's UK division.\n \nCommenting on the acquisition, Jeremy Pilkington, Chairman of Vp plc, said:\n \n\"The acquisition of Sandhurst adds another new product specialisation to Vp's UK portfolio and I am delighted to welcome the experienced Sandhurst team to the Vp Group.\" \n \n- Ends -\n \nFor further information:\n \n\n\n\nVp plc\n\n\n\n\n\n\n\nJeremy Pilkington, Chairman\n\n\nTel: +44 (0) 1423 533 400\n\n\n\n\nNeil Stothard, Chief Executive\n\n\nwww.vpplc.com\n\n\n\n\nAllison Bainbridge, Group Finance Director\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nMedia enquiries:\n\n\n\n\n\n\n\nBuchanan\n\n\n\n\n\n\n\nHenry Harrison-Topham / Madeleine Seacombe\n\n\nTel: +44 (0) 20 7466 5000\n\n\n\n\[email protected]\n\n\nwww.buchanan.uk.com\n\n\n\n\n\n\n\n\n \n \nNotes to Editors\nVp plc is a specialist rental business providing products and services to a diverse range of markets including infrastructure, construction, housebuilding and oil and gas, both in the UK and overseas.\n \nThe Group comprises a UK and an International division:\n \nUK\n \nUK Forks\nRough terrain material handling equipment for the housebuilding, general construction and industrial markets.\n \nGroundforce\nExcavation support systems and specialist products for the water, civil engineering and construction industries primarily in the UK, but also in the Republic of Ireland and mainland Europe.\n \nTPA\nPortable roadway access solutions to the transmission, outdoor events, construction and utility sectors in the UK, the Republic of Ireland and mainland Europe.\n \nBrandon Hire Station\nTools and specialist products for industry, construction and home owners.\n \nESS Safeforce...