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Vp acquires M&S Hire

18 Nov 21 Vp plc, the equipment rental group, has paid £2.8m to acquire Kent-based M&S Hire Limited.

M&S Hire is a specialist rental business supplying primarily scaffold towers and low-level access systems to contractors in the commercial fit-out sector. It also has a range of secure storage products.

Based in Sittingbourne, Kent, it was founded in 1984 by Malcom and Stuart Evans. It has approximately 20 employees and fixed assets of 拢1.2m, according to its most recent accounts.

M&S will be folded into MEP Hire, which offers low level access and press fitting tools from nine locations within Vp's UK division.

Vp chairman Jeremy Pilkington said: "The acquisition of M&S is an excellent addition to our very successful MEP Hire business and it will complement its existing operations with increased exposure to the commercial fit out sector.聽 I am delighted to welcome the M&S team to Vp."

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