Genie/PSR to merge
Genie UK is to absorb its service and repair company - PSR - into Genie UK Ltd from the 5th September.
Genie/Terex acquired PSR Platform Service & Repair Ltd in 2016 see: Genie acquires PSR
and has traded through both companies since then.
The two corporate entities will formally merge on September 5th, with all PSR assets and contracts transferring to Genie UK. Other than needing to change payment accounts and supplier details there should be very few noticeable changes. The move is more a case of simplifying the manufacturer’s corporate set up in the UK some almost six years after the acquisition.