17.09.2013

HSS expands in Ireland

HSS Hire has acquired the Irish division of Mobile Traffic Solutions (MTS) - a specialist provider of traffic management equipment - from Dublin based Rennicks Group.

MTS’ Irish business rents and sells traffic and crowd management solutions to major road contractors, local authorities and event companies. The business is one of the largest traffic management suppliers in Ireland. HSS will merge MTS with its existing Irish operation Laois Hire.

Rennicks also has a large operation in the UK trading under the Rennicks and MTS brands which are not included or affected by this deal.

Michael Killeen, managing director of HSS in Ireland and Scotland and Laois Hire said: “We believe there is enormous potential to grow the Irish based MTS business and Laois Hire together – significantly increasing our combined market share, skilled capabilities and overall customer offering at what is a dynamic time for our group business.”

HSS chief executive Chris Davies added: “Today’s announcement is an important milestone in the growth of our company in Ireland which continues to go from strength to strength. MTS fits well within our existing equipment portfolio and will further enhance our position as a trusted partner and service leader in the tools and equipment rental, outsourcing and services sector. It is an exciting time for our business as we embark upon the next stage of growth and development – increasing our presence in existing markets and expanding in new ones throughout the UK and Ireland.”

Gareth McWeeney, Rennicks' operations director said: “This sale of our VMS Rental business gives us the opportunity to focus on our core business of reflectorised traffic signage, maintenance solutions, electronic road signage, and other intelligent traffic solutions. We are delighted with the transaction and will work with Laois Hire to facilitate a smooth transition of the business and to ensure continuity of service for the Customer.”