Vp plc, the equipment rental specialist, has acquired the entire issued share capital of Higher Access Ltd for £4.1m.
Higher Access is engaged in the rental of specialist tracked access platforms, and is the market leader in the UK. The company operates from two locations in Burnley and Luton.
The business, which has been established for over ten years, provides equipment and associated services to the construction, transmission and utilities sectors across the whole of the UK. It will operate alongside Vp’s specialist material handling business, UK Forks.
Jeremy Pilkington, chairman of Vp plc, said: “We are very pleased to welcome the Higher Access team to the Vp group. The acquisition will be an excellent complement to our strong UK Forks business, and fits the Vp model of developing specialist rental businesses with strong market positions.”