PRESS
RELEASE
October
2013
Independently-owned
commercial vehicle contract hire and fleet management specialist, Prohire Plc,
has announced the acquisition of the capital assets and business of
Nottingham-based RH Rentals for an undisclosed sum.
The RH
Rentals operation will be fully integrated within the Prohire business and, to
ensure RH’s customers experience a seamless transition, the migration of the
company’s existing client contract base will be overseen by the Prohire Senior
Management and customer support teams.
David
Barlow, chairman and chief executive officer of Prohire Plc, commented: “RH
Rentals has a significant rental and contract hire commercial vehicle fleet
which is a perfect complement to Prohire’s. The RH fleet includes rigid vehicles,
tractor units and vans and these will be added to the range of vehicles
available from Prohire to further enhance our offering to the commercial
vehicle sector.”
“I would
like to thank Paul Jacques, our Group Financial Director, who headed up the
acquisition along with the senior management teams of both Prohire and RH
Rentals for their professionalism and cooperation throughout the acquisition
process.”
Prohire will
further increase its fleet size by placing a significant order for new
commercial vehicles over the coming weeks.
ENDS
ABOUT Prohire Plc:
Established in 1997, Prohire provides
specialist contract hire, accident management and fleet management solutions to
commercial vehicle operators throughout the UK and Ireland. The company has
expanded through a combination of acquisitions and organic growth.
Media Contacts: Company Contact:
Lloyd Arkill Andrew
MorleyArkill Matthews Allen Ltd Prohire Plc
Tel: +44 (0)1923 777897 Tel: +44 (0) 8432 909 089
Mobile: +44 (0) 7903 809127 Mobile: + 44 (0) 7850 493646
Email: info@am–pr.net Email: andrewmorley@prohire.plc.uk
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