# Platform Parts acquires majority stake in CPS/Cherrypicker Shop

Belgian company Vertimac/Platform Parts acquired a majority stake in UK-based replacement parts supplier CPS/Cherrypicker Shop from Richard Tindale and family. Co-owner Tom Cribb retains a significant minority stake and will manage the business.

- Type: Acquisition
- Announced: 2025-11-17
- Where: County Durham, England, United Kingdom
- Status: completed
- Products: aerial lift spare parts, used aerial work platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [CPS](https://endata.com/companies/56218.md) (target)
- [Platform Parts](https://endata.com/companies/88484.md) (acquirer)
- [Vertimac](https://endata.com/companies/88485.md) (acquirer)
- [Cherrypicker Shop](https://endata.com/companies/88486.md) (target)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/47379/platform-parts-acquires-cps), 2025-11-17: "The UK has been a tough market to crack for the Belgian business, and it has become increasingly obvious that in order to become a significant player in the UK market, it needed a local base and an experienced local team."
- [theconstructionindex.co.uk](https://www.theconstructionindex.co.uk/news/view/belgian-takeover-for-powered-access-part-supplier), 2025-11-18: "This is a great opportunity for us to build on the foundations we have laid over the past five years and provide customers with an even better service, faster delivery from UK stock and more competitive pricing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.