Lifting Gear Hire has acquired JD Neuhaus’s Aberdeen, Scotland-based rental division. JD Neuhaus, a manufacturer of hoists and crane systems for extreme environments, will retain its other U.K. divisions, including sales and repair, and will remain an LGH supplier. The value of the transaction was not disclosed.
The acquisition enhances LGH’s fleet of JDN products, principally air operated hoists up to 100-tonne capacity plus accessories. The purchase will bring aboard four JDN employees, and a facility in Dyce, which will be the third U.K.-based LGH facility alongside Atherton, Manchester, and Rainham, London.
Colin Naylor, managing director of LGH, said: “This acquisition is in line with our growth strategy, and we welcome our new and transferring employees in Aberdeen. We also look forward to extending a warm welcome to customers, old and new.”
Naylor said that the acquisition presented opportunities to meet the company’s objectives to have a presence in Scotland, and expand the product portfolio available to existing and prospective customers. While the top end of the air hoist capacity range doubles to 100 tonnes, this acquisition sees a huge increase in the volume of units now held by LGH, from 1 to 60 tonnes. A wide variety of motors and air trolleys will also be available across the full range of capacities.
Ian Parkinson, group chairman, added: “JDN’s relationship with LGH goes back decades, and that has helped us quickly conclude a deal which benefits both parties. For LGH it’s a strong indicator to the market that we will continue to invest in our rental fleet, to cement our position as the leading provider of rental lifting equipment in the western hemisphere.”