Essential Fleet Services completes acquisition of Go Plant
Essential Fleet Services Limited, the specialist vehicle
contract hire business, has completed the acquisition of industry peer Go Plant
or an undisclosed sum, to create what is claimed to be one of the UK’s largest
providers of specialist and commercial vehicles.
The transaction brings together two complementary
businesses with customers across the public and private sectors that will be
able to access specialist vehicles and managed commercial services from one day
to more than a decade.
The combination of Essential and Go Plant creates a group
with sales of £80 million, more than 500 employees and 35 depots and service
centres across the UK.
The growth strategy for the new group includes the
development of a one-stop shop for customers with a single digital platform, a
new spot hire and rental broking arm and a marketing plan to build a widely
recognised and trusted national brand.
Andrew Cope, executive chairman of Essential Go Plant,
said: “This is a really exciting time for our new company, our people and our
“Our combined business is now the UK leader in the
provision of specialist and commercial vehicle contract hire, maintenance,
rental and driver operated vehicles, delivering a consistent UK-wide service
powered by our network of dedicated workshops and knowledgeable teams.
“The combination of Essential with Go Plant is
strategically and geographically complementary, and we’re excited about the
benefits we can bring to all of our customers through this transaction.”
Essential Fleet Services is one of the UK’s leading specialist
vehicle contract hire, maintenance and rental providers, working with many of
the UK’s local authorities and a range of corporate organisations in the
utilities, highways, rail, construction and waste industries.
Leicestershire-based Go Plant is claimed to be the UK’s
leading provider of operated and self-drive road sweepers, refuse vehicles and
other specialist equipment.
Essential acquired Go Plant from the Davidsons Homes Group,
the Midlands-based construction firm owned by the David Wilson family of
Vaughan McLeod, chairman of Go Plant, said: “Having
worked with the Wilson family for a number of years and with their strong
support, we have been able to turn Go Plant into one of the largest and most
successful providers of operated and self-drive specialist vehicles in the
industry, and I am delighted that Essential has recognised this and this
transaction creates a great opportunity for both companies to grow and deliver
a wider range of vehicles and be a leader in this sector.”