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Speedy Hire

Speedy Hire has acquired OHP Group, the Crewe-based rail equipment hire firm with 25 staff, for up to £3m.

Speedy Hire is to open three more equipment hire superstores and a national distribution centre in Tamworth over the next six months.

Speedy Hire has sold the Speedy Space chain of 14 accommodation hire depots to the Elliott Group subsidiary of Algeco Scotsman for £35m.

Speedy Hire is to reorganise its nationwide network of hire depots over the next five years, in order to create about ten large multi-service centres, up to 60 superstores and 200 local stores.

Speedy Hire has acquired the portable and modular accommodation business of Carillion Asset Management for £11m, with the transfer of three depots and 23 staff.

Speedy Hire is to acquire LSS, the Darlington-based tool and equipment hire firm with 250 staff at ten depots, from Amec for £13m.

Speedy Hire has acquired Waterford Hire Services of Ireland for up to £4.4m, with the transfer of two hire depots and 31 staff.

Speedy Hire is to acquire the tool hire division of Hewden Stuart for £115m, including 188 depots and 1,200 staff.

Speedy Hire is planning to support the growth of its tool hire business by setting up a training academy and increasing its IT spending by £11m.

Speedy Hire has acquired Lifting Gear Hire, the lifting equipment rental company with 309 staff at 34 depots, for £13m.

Speedy Hire has acquired LCH Generators, the generator hire company with 196 staff at depots in Glasgow, Aberdeen, Wigan, Coventry, London and Portsmouth, for £55m.

Speedy Hire has acquired the hire division of Caledonian Building for £14m and the survey assets and cabin fleets of Mowlem for £5m, in order to expand its steel site cabins business.

Speedy Hire has acquired Caledonian Safemaker, the temporary accommodation hire company with five depots, for £14m.

Speedy Hire is to acquire Delyn Hire Centres, the chain of four tool hire centres in North Wales, for £1.2m.

Speedy Hire is to raise £15m in a share placing to fund acquisitions and the expansion of its network of more than 300 hire centres.

Speedy Hire is to acquire the internal plant hire operations of MJ Gleeson for £8.2m.

Speedy Hire has acquired The Cabin Company, the owner of 950 portable units for construction sites, from Birse for £6.3m.

Speedy Hire has acquired the lifting and tool equipment rental business of Lloyds British Testing, including six depots, for up to £3.1m.

Speedy Hire has acquired DAD Hire Services, the Cheshire-based tool hire company, for £0.3m, while its Toilet Hire UK business has been sold to a management buy-in for £1.1m.

Speedy Hire has acquired the internal hire division of Simons Construction for £0.5m.

Speedy Hire has acquired Coates Rentair UK, the power generation equipment hire company, for £6.7m.

Speedy Hire has acquired the tool hire business of Multi Group for £7.2m, including ten tool hire depots and 23 temporary on-site facilities.

Speedy Hire has acquired Petreavie Tools, the operator of tool hire sites in Livingston and Dunfermline, for £0.3m.

Speedy Hire is planning to expand its chain of plant hire centres from 279 to 400 over the next four years, at a cost of £10m a year.

Speedy Hire has acquired Kingfisher Hire & Sales, the South Wales-based tool hire company with six depots, for £1.4m.

Speedy Hire is planning to expand its chain of 257 hire depots to 400 over the next few years.

Speedy Hire is planning to open four more Speedy Survey depots, including sites in Cardiff, Exeter, East Anglia and the north-east.

Speedy Hire is planning to open 30 hire depots this year, taking its total network to over 280.

Speedy Hire is looking to expand its new lifting equipment hire division from an initial 24 outlets to a nationwide chain of between 55 and 100 sites.

Speedy Hire is planning to buy Jewson's Hire Point network of 20 branches from Saint Gobain for £13m, increasing its chain of hire centres to more than 250.

Speedy Hire is planning to open eight Speedy Power depots throughout the country by 2002, which will focus on the hire of specialist power tools.

Speedy Hire is planning to expand its network of tool hire branches from 150 to 250, and has been selected as preferred supplier to both Carillion and Kier.