Brandon Hire acquires Loadtite
Tool hire specialist Brandon Hire has acquired Loadtite from PricewaterhouseCoopers - the receivers of Baldwins Industrial Services. The acquisition includes Brandon’s four branches in Avonmouth, Cardiff, Hayes and Barking, along with its existing workforce of more than forty employees.
Brandon’s finance director Chris Simms said that the purchase is a major part of Brandon’s expansion into the lifting equipment market. “We already earmarked four sites for lifting and other specialist equipment,” said Simms. “Loadtite not only expands our network but, through its experienced and knowledgeable staff, brings a wealth of expertise that would have taken us years to achieve.”
Also commenting on the acquisition, Loadtite’s managing director Mike Hughes said that he was delighted with the news. “The period of uncertainty is over and we can now look forward to growing the business rapidly in the next few months,” he said.