06.09.2013

Andy Wright departs Lavendon

We have now confirmed that Andy Wright, who heads Lavendon’s highly successful operations in the Middle East, is leaving the company.

Appointed to the role in 2010, his official title was chief executive, international operations, and he has been based in Dubai since. We also understand that he will join the Middle East operations of Speedy Hire and remain in the region.
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Andy Wright

Wright joined Lavendon from Aggreko in late 2006 as group development director and was appointed head of UK operations in mid 2007.

Vertikal Comment

We first heard of Wrights impending departure early last week, but have been unable to confirm it beyond reasonable doubt – until now. The Middle East operations of Lavendon, which trade under the Rapid Access banner, have boomed during Wright’s tenure and in the first six months of this year generated revenues of £22.1 million, second only to the UK, while being the most profitable part of the group, generating an operating income of £6.5 million, or 44 percent of the group total.

His departure, which has not yet been officially announced by the company, will be a serious loss, and if as we believe he does join Speedy, a substantial gain for its fledgling international operations.