IPHG have completed a bolt on to their existing geography with the acquisition of some of the assets of Thames Valley Hire, based near Heathrow, London. Thames Valley Hire has been established since 1987 with a focus on smaller excavators, dumpers, and tools. The customer base is very comparable to IPHG’s current set up – making the acquisition an ideal geographic bolt on for the business.
The acquisition caps off a busy first half of the year for the business – with the group in the process of receiving a substantial investment to it’s hire fleet in the midst of a sizeable growth in demand for equipment post-COVID.
Scott Wilkins, Managing Director of IPHG, said “The bringing together of the two brands gives the group further opportunities to provide great service to the Home Counties and associated regions.”