Ashtead acquires Hewden powered access and lifting assets

Ashtead's UK operation A-Plant acquired the Hewden brand, powered access and power generation fleet, and five on-site depots from administrators EY for £29 million. The deal includes the Interlift lifting gear business and 133 employees.

“This acquisition significantly enhances A-Plant's offering in the industrial sector where we have been keen to develop our capabilities for some time.”vertikal.net

• 2 sources
• vertikal.netAshtead acquires Hewden | Vertikal.netNov 22, 2016
• theconstructionindex.co.ukHewden collapses, A-Plant picks up piecesNov 22, 2016

Summarized from public sources; check the original articles before acting on it.