Member Article

Mabey Group acquires established Australasia hire company

Wakefield-based Mabey Group has announced its acquisition of APlant Hire and its entry into the Australasian shoring market.

Known as Mabey Hire PTY Ltd (Aust) and Mabey Hire Ltd (NZ), the company launched its hire operations from three existing depots in Australia and one in New Zealand.

Mabey will use the newly acquired depots in Sydney, Brisbane, Melbourne and Christchurch to provide the construction and engineering industry with a unique range of rental and resell equipment; including aluminium shoring boxes and safety handrails, steel road-plates, bridging, sheet piling and hydraulic supports.

Expansion plans, based on those of Mabey Hire UK, include the addition of numerous depots in Australia and New Zealand in the next 12 months.

Mabey’s commitment to enter the Australasian market is a direct reflection of construction work levels in all Australian states and territories rising above decade averages.

The expansion of the New Zealand business aims to provide construction teams with the equipment needed to support the decade of repairs required following two major earthquakes in 2010 and 2011.

Peter Lloyd, CEO, Mabey Holdings Ltd, said: “This is a significant addition to the Mabey family and an important step forward in the Group’s global expansion plans.

“We are excited to be increasing our global footprint whilst at the same time helping to tackle some of the toughest engineering challenges created by natural disasters. I look forward to a year of continued diversification and expansion.”

The acquisition follows Mabey’s series of initiatives announced in 2012 to dramatically grow its global footprint, including the doubling of its US operations and establishment of Mabey Hire International in Singapore as a springboard for developing business in Asia.

This was posted in Bdaily's Members' News section by Mark Lane .