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Allen is planning to open about 20 new tool hire outlets this year. 28-Jun-2001 YJL is acquiring the contracting and property development business of Allen for £1m, and has also announced plans to change its name to Montpellier Group. 05-Apr-2001 Allen is looking to sell its construction division to a management buy-out, but has dropped plans to float its Speedy Hire business. 15-Feb-2001 Allen is planning to spin off its Speedy tool hire business as a separately quoted company with a valuation of about £150m. 28-Nov-2000 Allen has acquired the assets of New Mills Tools Hire Company, through its Speedy Hire Centres division, for £0.2m, in order to increase coverage in the north west. 01-Nov-2000 Tilbury Douglas is selling its Rapid Hire tool-hire business to Speedy Hire Centres, the Allen subsidiary, for £3.9m. 10-Oct-2000 Allen is planning to close or sell its G Pearce civil engineering subsidiary, in order to focus on tool hire and utility services. 19-Sep-2000 Allen has sold its remaining housebuilding operations to Morris for £24m, in order to focus on tool hire. 15-Aug-2000 Allen is looking to sell its housebuilding division in order to focus on hire services, and discussions are taking place with a number of potential purchasers. 27-Jun-2000 Allen has sold its 82% stake in Sheet Piling (UK) to management for £1.2m, in order to focus on its core contracting business. 22-Jun-2000 Allen has sold Speedy Scaffolding to a management team for £2.1m. 07-Jun-2000 Allen has acquired Targett Power Equipment Services of Scunthorpe and Hire Easy of Kent for under £1m, in order to expand the geographical coverage of its tool hire business. 22-Mar-2000 Allen is planning to open six more tool hire depots over the next six months. 24-Nov-1998 Allen Group has opened its rebuilt air brake and electronic coils factory, which was severely damaged by fire in 1995, in Bodelwyddan, North Wales. 03-Nov-1998 Allen is moving its building division into larger premises in Trafford Park, Manchester, following an increase in orders. 15-Oct-1998 Allen is to acquire the building and civil engineering business of Eve Group for £1.25m. 29-Jul-1998 Allen has acquired PS Turner Holdings, the Yorkshire-based builder, for £8.7m. 20-May-1997 Allen, the construction company, is acquiring Vine Plant, the hire company, from Try Group for £2.2m. 29-Oct-1996 Allen, the hire services and construction company, is planning a rights issue to raise £16m for the expansion of its tool hire business and to reduce gearing. 28-Jun-1996 Allen has bought the Rentall tool-hire company for £1.5m. 10-Jan-1996 Allen has bought two Scottish plant hire companies: Capital Plant Hire and Broty Tool Hire, for £429k. 05-Dec-1995
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