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Ashtead has sold Ashtead Technology Rentals, the supplier of subsea equipment with 14 sites in the UK, North America and Singapore, to a management buy-out backed by Phoenix Equity Partners for £96m. 25-Jun-2008 Ashtead is looking to sell its oil and gas technology rental business for £100m, having appointed NM Rothschild to find a buyer. 24-Mar-2008 Ashtead Group has acquired Lux Traffic Controls, the Wiltshire-based supplier of traffic control systems with a nationwide network of 44 depots, for £16m. 18-Oct-2006 Ashtead is to acquire NationsRent, the US construction equipment rental company, for £548m. 20-Jul-2006 Ashtead Group has acquired Northridge Equipment Services, the US-based equipment rental company with five depots in California, for £40m. 19-Oct-2005 Ashtead has sold its Irish chain of 15 plant hire outlets to McCormick Macnaughton for £12m. 16-Jan-2004 Ashtead has raised £6m from the disposal of certain non-core businesses, including the sale of the rental assets of its Big Air division to Speedy Power and its mast climbing work platforms to Mastclimbers. 28-Jul-2003 Ashtead, the plant hire company, is to open a new head office in Warrington to replace sites in Haydock, Bootle, Leatherhead and Walsall Wood, as part of a cost-cutting programme. 23-Sep-2002 Ashtead is to expand its equipment hire business in the US by opening six more depots and will also set up separate scaffolding centres. 23-Jan-2001 Ashtead has acquired Response Rentals, the US environmental equipment hire company, for £4m. 10-Oct-2000 Ashtead has won a three-year contract to supply plant and tool hire services to Kvaerner Construction. 11-Jul-2000 Ashtead has bought part of Birse's BPH plant hire business for £1.6m, including the hire fleet, motor vehicles and trading contracts. 04-May-2000 Rentokil is to sell its US plant hire business to Ashtead for £320m, and the proceeds will be used to fund a share buy-back programme. 20-Apr-2000 Ashtead, the equipment hire company, is to undergo a strategic review which could lead to a joint venture, merger or sale of the business, in order to improve its prospects for expanding in the US market. 01-Sep-1999 Ashtead is planning to expand its US equipment hire business by setting up on greenfield sites and making small bolt-on acquisitions. 13-Jul-1999 Ashtead, the industrial hire company, has acquired UK Plant for £20m. 26-Feb-1999 Ashtead Group is planning to open 100 new plant hire centres in the US over the next three years. 14-Jul-1998 Ashtead, the plant hire company, has decided against listing in the US, but it has been opening new depots there at a faster rate than expected with 18 new offices in the last 10 months. 20-Jan-1998 Ashtead Group is to acquire Sheriff Holdings, the plant hire company with 51 depots, for £39m, and cost savings of £2m a year are expected to follow. 30-Aug-1997 Ashtead Group, the plant hire company, is planning a listing in the US in order to make its shares more available to international investors and to benefit from higher US ratings. 29-Jul-1997 Ashtead Group, the plant hire concern, is acquiring Leada Acrow, which rents construction equipment in the UK and Ireland, for £16m and McLean of the US for £20m. 01-Feb-1996
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