# Nationwide Platforms to buy UK Platforms from HSS for £60.5M

Nationwide Platforms has agreed to acquire UK Platforms from HSS for £60.5 million. The deal includes a fleet of around 3,000 platforms and 12 branches, and is subject to shareholder approval.

- Type: Acquisition
- Announced: 2018-07-20
- Where: United Kingdom, United Kingdom
- Value: $79.5M (60.5M GBP)
- Jobs: 130
- Status: announced
- Capacity: 3,000 platforms
- Products: mobile elevating work platforms (MEWPs), aerial work platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Loxam](https://endata.com/companies/22331.md) (investor)
- [Loxam](https://endata.com/companies/22331.md) (partner)
- [Nationwide Platforms](https://endata.com/companies/33241.md) (acquirer)
- [HSS](https://endata.com/companies/33242.md) (target)
- [UK Platforms](https://endata.com/companies/33243.md) (target)
- [HSS Hire Group](https://endata.com/companies/33316.md) (partner)

## Sources

- [theconstructionindex.co.uk](https://www.theconstructionindex.co.uk/news/view/nationwide-to-buy-hss-powered-access-business), 2018-07-20: "I am delighted with the acquisition of UKP which will further reinforce NWP's position as the leading powered access specialist in the UK."
- [loxam.com](https://loxam.com/en/loxam-announces-a-conditional-agreement-to-acquire-uk-platforms/), 2018-07-24: "Loxam Group announces that its wholly-owned subsidiary Nationwide Platforms Limited has entered into a conditional agreement with HSS Hire Group plc with respect to the acquisition of UK Platforms Limited."

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