04.11.2015

Vp back on the acquisition trail

UK rental company Vp has acquired Test & Measurement Group for £3.95 million in an all share purchase deal.

Test & Measurement sells and rest specialist electrical instrumentation and environmental test equipment to the utilities, electrical engineering and oil and gas sectors across the UK.  The business was established over 15 years ago and operates from two locations in Liverpool and Aberdeen.
Test & Measurement will operate within Vp's specialist safety, survey and communications equipment rental business, ESS Safeforce, part of the Hire Station division.

Vp chairman Jeremy Pilkington said "We are very pleased to welcome the highly experienced Test & Measurement team to Vp.  The acquisition of Test & Measurement is complementary to our well established, market leading, activities in the safety equipment rental sector."