17.10.2006
A-Plant buys Lux
A-Plant, part of the Ashtead group, has purchased Lux traffic controls for £15.5 million, adding 40 UK locations to its own traffic network.
The company has wasted no time immediately incorporating the Lux business into A-Plant, the takeover gives the company 50 specialist locations covering everything from temporary traffic lights to cones.
The expanded Traffic business will be rebranded as A-Plant Lux Traffic Control & Management. It will be incorporated into the Specialist Products Division, which Powered Access, along with Accommodation, Acrow Falsework and Formwork and Power Generation and Welding
For the year ended 31 July 2006, Lux reported revenues of £19.1 million, with pre-tax profits of £900,000...
A-Plant’s chief executive officer Sat Dhaiwal said: “We are delighted that we have made this acquisition which confirms our position as a clear market leader in this area and we look forward to providing our extended customer base with the excellent customer service they have come to expect of Lux. We welcome the staff of Lux to A-Plant, where Traffic Systems rental will become the single largest business within our Specialist Products Division.”
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