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HSS Hire Acquires Apex Generators.

LONDON, April 1, 2014 /PRNewswire/ --

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HSS Hire Services Group ("HSS Hire"), the UK's award-winning national supplier of tools, equipment and related services has acquired Apex Generators Ltd, the Scottish generator hire company, from owners Nevis Capital.

The acquisition will support the Group's existing specialist power division - which includes their successful Abird business - enabling them to better service a wider geographical area. It will also give both Abird and Apex greater ability to fulfil national power solution contracts.

Apex Generators has an established market leading position throughout Scotland as an experienced generator hire specialists offering the highest levels of service to a significant customer base in the construction, house-building, events, industrial, marine and offshore sectors. HSS plans to retain the strong Apex brand whilst investing in the business - which will include installing their 'RFM Smart Equipment' technology to the Apex fleet.

Chris Davies, Chief Executive Officer at HSS Hire said: "The addition of Apex to the HSS Group is another solid step in the growth of our company as we continue to increase our presence in existing markets and expand into new ones throughout the UK and Ireland. It supports our existing power solutions capabilities, bolstering our specialist Abird power business and further enhancing our position as a trusted partner and service leader in the tools and equipment rental, outsourcing and services sector."

Robert Gibson, Manager at Apex - and previously of LCH - said: "This is the start of an exciting new chapter for our business. With the support of the HSS Hire Group, we will be able to make further investment in our fleet, grow our network and deliver our excellent service levels to customers on a more national basis, whilst still retaining the specialist nature of our brand. We're delighted to be joining the team."

Notes to editors:

The transaction is the latest in a series of acquisitions by HSS Hire.

* November 2013: TecServ, specialist asset management service provider for companies operating in the cleaning sector.

* September 2013: The Irish division of Mobile Traffic Solutions ("MTS"), specialist provider of traffic management equipment, from Dublin-headquartered Rennick's Group, which HSS combined with its own Irish subsidiary, Laois Hire to accelerate expansion in Ireland.

* June 2013: UK Platforms, powered access specialist which HSS acquired from Haulotte Group, making HSS the second-largest provider in the powered access market in Britain and Ireland.

* October 2012: Abird Generator Hire, one the UK's leading diesel electric generator hire companies, enabling HSS to offer a more comprehensive service in the growing temporary power market.

HSS will retain the specialist brand of the Apex business and welcomes the expertise of the existing management team and colleagues.

Media contacts: Fiona McFadden, Head of PR, Founded, fiona.mcfadden@founded.com, +44(0)7786-736-706
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Publication:PR Newswire Europe
Geographic Code:4EUUK
Date:Apr 1, 2014
Words:531
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