25.04.2017
Another acquisition for Vp
UK based rental group Vp, owner of UK Forks and Higher Access has acquired Zenith Survey Equipment in an all share deal for £3.85 million in cash, while assuming its debt of £2.3 million.
Zenith was founded in 1986 and trades as Zenith Survey in England & Wales, and Survey Connection in Scotland. The business sells and renta survey and safety equipment from seven locations across the UK.
The company primarily serves the construction and civil engineering sectors, and will be integrated within Vp’s ESS Safeforce, part of the group’s Hire Station tool and small equipment rental business.
Chairman Jeremy Pilkington said: "The acquisition of a well established business like Zenith represents an important expansion of Vp's specialist tool hire activities. I am delighted to welcome the experienced Zenith team to the Vp group."
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