HSS Hire, which supplies tools, equipment and related services, has announced that it has acquired Abird Generator Hire, one of the UK’s leading diesel electric generator hire companies.
The acquisition will complement HSS Hire’s existing fleet, enabling it to offer a wider range of large capacity and specialist generators and to provide a more comprehensive service in the growing market for temporary power.
Abird Generator Hire, which has seven depots, employing 60 people, across England and Wales, will continue to operate under its own brand and be led by its current management team who remain in place and committed to the business.
Chris Davies, chief executive officer at HSS Hire, said: “We are excited to start this new phase of the Abird Generator Hire story with Chris Anspack and his talented management team. We at HSS Hire were really impressed by their business, the quality of product and service offering as well as a strong track record. We look forward to working with Chris and his team to further strengthen and develop Abird Generator Hire’s leading position over the coming years. We strongly believe that together we have the perfect foundation for both Abird Generator Hire’s successful future development whilst complementing our driving ambition at HSS Hire to ensure an unrivalled hire experience.”
The deal follows on the heels of HSS Hire unlocking new investment from Exponent Private Equity last month, replacing previous owners Och-Ziff and Aurigo, as it seeks to generate new growth and to expand throughout the UK, with a focus on improved local service.
Chris Anspack, managing director at Abird Generator Hire, said: “Today’s announcement is an important milestone in the growth of our company. I am delighted that the deal has been successful. We have been looking at the best options to manage our growing business. While Abird Generator Hire will continue to trade as a separate brand, joining the HSS Hire Group presents a great opportunity to unlock new investment as we embark on the next stage of our growth and development.”