Business
Statement re. CMA provisional findings
Statement re. CMA provisional findings.
About this update from Vp Plc
[{"type":"text","content":"\n \nRNS Number : 5842V Vp PLC 09 April 2019 \n\n\n\n\n\nPress Release\n\n\n \n\n\n9 April 2019\n\n\n\n\n \nVp plc\n('Vp' or the 'Group')\n \nStatement re. CMA provisional findings\n \nVp plc, the equipment rental specialist, notes that the Competition and Markets Authority ('CMA') has today announced its provisional findings in relation to an investigation into the supply of groundwork products for hire in the UK.\n \nThe subject of the provisional findings is suspected anti-competitive conduct as regards the supply of groundworks products in the UK. This is an area of activity for part of the Group's excavation support systems business ('Groundforce'). No other Vp businesses are included in this investigation.\n \nVp is reviewing these provisional findings and will continue to cooperate fully with the CMA. The Group will make further announcements as appropriate.\n \n- Ends -\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 / Jamie Hooper / 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 \n \nNotes to Editors\n \n \nVp plc is a specialist rental business providing products and services to a diverse range of markets including infrastructure, construction, house building 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\nSpecialist safety, survey, communications and test & measurement. \n \nMEP Hire\nMechanical, electrical and low-level access.\n \nTorrent Trackside\nInfrastructure equip...