Acquisition Announcement - Brandon Hire Group Holdings Ltd

Friday 22 June 2018

We are delighted to share with you our announcement that Vp has acquired the entire issued share capital of Brandon Hire Group Holdings Limited (“Brandon”). (Stock Exchange Announcement link).

 

Brandon is a large specialist tool hire business, focused in particular on the SME (small and medium sized enterprise) sector, with a network of 143 locations across the UK.

 

This is the largest acquisition in Vp’s history and represents a step change in size for our Hire Station division in particular, and the Vp group in general.

 

Like Vp, Brandon is a long established (founded in 1971) profitable business within the UK rental market. The team at Brandon has a wealth of invaluable experience and we look forward to working together with them in the future.

 

We will have over 900 new colleagues joining the wider Vp group.

 

This acquisition builds on the successes of recent years and leverages on the financial strength of Vp.