Harrogate’s Vp plc acquires Zenith Survey in £3.85m deal

Vp plc, the Harrogate-based equipment rental specialist, has acquired Zenith Survey Equipment Limited for £3.85m, plus assumed debt of £2.3m.

Founded in 1986, Zenith trades as Zenith Survey in England and Wales, and Survey Connection in Scotland.

The business, which is headquartered in Ossett, is engaged in the specialist rental and sale of survey and safety equipment from seven locations across the UK.

Zenith primarily serves the construction and civil engineering sectors, and will be integrated within ESS Safeforce, part of Hire Station, Vp’s specialist tool hire business.

Jeremy Pilkington, chairman of Vp plc, said: “The acquisition of a well established business like Zenith represents an important expansion of Vp’s specialist tool hire activities.

“I am delighted to welcome the experienced Zenith team to the Vp Group.”

Dan Rosinke and Claire Elcock from Grant Thornton in Leeds provided Vp plc with financial due diligence services.

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