Latest:
[No headline.]
00:00 26 Aug 1998
|
Other
BOXTEXT: Hewden stuart makes a million for quarries
Hewden Stuart, which is currently changing its entire corporate image to better portray its leading position in the plant and tool hire market, has sold two quarries in Fife to Thistle aggregates - a subsidiary of Ennstone - for £1,025,000 in cash.
BRANDON HIRE adds SURREY and KENT depots
Brandon Hire, a specialist in tool and catering equipment hire with an annual turnover of £15 million, has recently acquired Amptool Hire for £580,000 in cash. The deal, which gives the company tool hire depots in Banstead, Wallington and West Wickham, strengthens its position in Surrey and gives it its first depot in Kent. Since 1994 the company's depot network has grown from 10 to 66 depots. This latest acquisition is the fifth this year. Last year the company which sold off its powered access operation, made an operating profit of £2.1 million from its tool hire business and £1.1 million from its catering interests.
O&KPUTS MAJORITY OF KRUPP UP FOR SALE
German manufacturer O&K, which sold its mining business to Terex earlier this year, is soon to see Krupp's majority shareholding in its construction division change hands. While unable to comment on interested parties, O&K director Gottfried von Alten told CJ when he thought the handover would happen: "We expect this to be signed before the end of the year." Likely contenders for the 75 per cent stake in O&K's operation, which manufactures tracked excavators, wheeled loaders, motor graders, axles, hydraulic cylinders and transmissions, include Case and New Holland. Gottfried von Alten said: "It's incorrect from a contractual point of view to say we're selling the construction business."
BUTLER REYNOLDS BACKS BOBCAT BUSINESS
Moore Plant Services - a plant hire company recently set up to serve the East Midlands market - has taken delivery of £250,000 worth of Bobcat mini-excavators from Loughborough-based Butler Reynolds. David Moore, MD of the business, which deals solely with Bobcat machines, indicated that without the support of Butler Reynolds he would not have been able to start the business.
The business first opened its doors in May.
BOXTEXT: Hewden stuart makes a million for quarries
Hewden Stuart, which is currently changing its entire corporate image to better portray its leading position in the plant and tool hire market, has sold two quarries in Fife to Thistle aggregates - a subsidiary of Ennstone - for £1,025,000 in cash.
BRANDON HIRE adds SURREY and KENT depots
Brandon Hire, a specialist in tool and catering equipment hire with an annual turnover of £15 million, has recently acquired Amptool Hire for £580,000 in cash. The deal, which gives the company tool hire depots in Banstead, Wallington and West Wickham, strengthens its position in Surrey and gives it its first depot in Kent. Since 1994 the company's depot network has grown from 10 to 66 depots. This latest acquisition is the fifth this year. Last year the company which sold off its powered access operation, made an operating profit of £2.1 million from its tool hire business and £1.1 million from its catering interests.
ADVERTISEMENT
O&KPUTS MAJORITY OF KRUPP UP FOR SALE
German manufacturer O&K, which sold its mining business to Terex earlier this year, is soon to see Krupp's majority shareholding in its construction division change hands. While unable to comment on interested parties, O&K director Gottfried von Alten told CJ when he thought the handover would happen: "We expect this to be signed before the end of the year." Likely contenders for the 75 per cent stake in O&K's operation, which manufactures tracked excavators, wheeled loaders, motor graders, axles, hydraulic cylinders and transmissions, include Case and New Holland. Gottfried von Alten said: "It's incorrect from a contractual point of view to say we're selling the construction business."
BUTLER REYNOLDS BACKS BOBCAT BUSINESS
Moore Plant Services - a plant hire company recently set up to serve the East Midlands market - has taken delivery of £250,000 worth of Bobcat mini-excavators from Loughborough-based Butler Reynolds. David Moore, MD of the business, which deals solely with Bobcat machines, indicated that without the support of Butler Reynolds he would not have been able to start the business.
The business first opened its doors in May.
ADVERTISEMENT
Most Viewed Articles
ADVERTISEMENT