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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Ashtead Group Plc | LSE:AHT | London | Ordinary Share | GB0000536739 | ORD 10P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 68.00 | 1.21% | 5,704.00 | 5,694.00 | 5,698.00 | 5,770.00 | 5,660.00 | 5,698.00 | 673,055 | 16:35:12 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Heavy Constr Eq Rental,lease | 9.67B | 1.62B | 3.6961 | 15.41 | 24.93B |
From May 2019 to May 2024
TIDMAHT
RNS Number : 8407P
Ashtead Group PLC
22 November 2016
Ashtead Group plc
Acquisition of assets from the administrator of Hewden
Ashtead Group plc announces that its UK business, A-Plant, has today acquired certain assets from EY, the administrator of Hewden, for a cash consideration of GBP29m. The assets acquired comprise the powered access and power generation fleet of Hewden, five "on-site" depots which service major petrochemical customers, the Interlift lifting and materials handling business and the Hewden brand name. Alongside the asset purchase a number of Hewden's employees will be joining the A-Plant business.
A-Plant's chief executive Sat Dhaiwal, commented:
"This acquisition significantly enhances A-Plant's offering in the industrial sector where we have been keen to develop our capabilities for some time. We are pleased to be taking over a number of important on-site depots at major petrochemical facilities and will ensure that a high level of service is maintained for all customers through the integration process. I would also like to welcome those Hewden employees who will be joining A-Plant as part of this process."
Further enquiries:
Hot Features
Premium
Ashtead
Will Shaw Group plc +44 (0)20 7726 9700
Becky Mitchell
/ Tom Eckersley Maitland +44 (0)20 7379 5151
This information is provided by RNS
The company news service from the London Stock Exchange
END
ACQPGGMUGUPQGPP
(END) Dow Jones Newswires
November 22, 2016 07:09 ET (12:09 GMT)
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