22.02.2007

Ainscough to float?

Ainscough, the UK's largest crane hire company is reported to be considering its strategic options for the future, including a stock market flotation or a sale.

Martin Ainscough, chairman of the family owned company has said that flotation choices might include a full stock exchange listing or an admission to the Aim market.

Alternatively it might consider a private sale or to expand the business by seeking further acquisitions. In other words it is keeping its options fully open.