HSS Hire Group PLC is pleased to have reached an agreement with Chadwicks Group whereby parent company Grafton Group plc will acquire HSS Hire Ireland.
Chadwicks’ investment in HSS Hire Ireland will enable the next stage of its development as it continues to benefit from significant growth in the construction industry.
Chadwicks and HSS Hire Ireland share the same culture and vision, and the new partnership will ensure the business continues to flourish, whilst also providing new opportunities to grow market share through synergies.
Commenting on the acquisition, Michael Killeen, CEO of HSS Hire Ireland stated: “We are really excited about this partnership with Chadwicks. We have a strong track record in Ireland thanks to our market leading powered access, and environmentally friendly fleet of specialist equipment, which is bolstered by a highly experienced management team. We are proud of what we have achieved so far, and Chadwicks’ expertise will further support our growth, particularly with our specialist offerings to data centres, renewable & IT sectors, pharma and cleanroom environments.”
The transaction is expected to close in the second quarter of this year (subject to CCPC clearance).
HSS Hire Ireland is a leading tool and equipment hire company with nationwide coverage.
