Height for Hire buys Slovakian renter SCS
06 June 2008
Height for Hire in Ireland has acquired a majority shareholding in Slovakian access rental company Strojné Centrum Slovakia (SCS), which has a fleet of around 100 machines.
Glenn Pearson, a shareholder in SCS, retains a stake in the company and will be managing director of the company that will now operate as a subsidiary of Height for Hire.
“Glenn Pearson is an important part of the acquisitionâ€, said John Ball, Height for Hire’s managing director, “He has the expertise in the business there, and the energy to drive it forward.â€
Mr Ball said SCS represented a good strategic location for central Europe and was part of Height for Hire’s diversification strategy, which has seen it invest in its UK rental operation, Easi-Uplifts, as well as other operations in continental Europe, including the Netherlands.
SCS, which also sells Belle Group construction equipment, operates from a single depot in Košice, in the east of the country, but Mr Ball said there were plans for a new depot in the country’s major city, Bratislava. He said the plan was to double the fleet rapidly with good quality used machines manufactured in 2005-6.