Briggs Equipment has made another acquisition in Ireland, purchasing GPT - Galway Plant and Tool Hire - one of Ireland’s largest rental companies.
GPT offers a wide range of equipment including aerial work platforms, telehandlers and commercial vehicles from eight locations across the Republic of Ireland. Founded by Jim Hughes in 1969, It employs around 90 people and runs a 2,800 fleet, plus 1,900 commercial vehicles.
With the deal now complete Enda Eiffe will take over from Hughes as managing director and manage the integration into the Briggs group.
Brigg Equipment’s managing director Peter Jones said: “We are delighted to welcome Galway Plant and Tool Hire into the Briggs Equipment Group. Their extensive fleet and dedicated expert people will allow us to significantly increase and improve the quality and diversity of our service offering throughout Ireland. In recent years we have continued to deliver on our strategic acquisition strategy, which has enabled us to increase our presence within key markets to the point where we are now the largest plant and tool hire company in the island of Ireland.”
“As with every acquisition, we are focused on working with businesses that share the same values, ambition and culture as ourselves. Throughout this intensive acquisition process, we have been extremely impressed with the leadership team at GPT and the expertise of their people at every location. Their nationwide presence and impressive customer portfolio demonstrate the robustness of the business and the solid foundations that we can build on with the appropriate support and investment.”
“We look forward to working closely with everyone at Galway Plant and Tool Hire and ensuring that they continue to prosper and can fulfil their huge potential.”
Jim Hughes added: “I am extremely proud of the success that GPT has had in the marketplace over the past 53 years. Following extensive discussions with Briggs Equipment, I am happy that they are an excellent fit to continue to grow and develop this business into the future. I’d like to thank the Briggs team for their co-operation and transparency throughout the acquisition process. Moving forward, Enda Eiffe will become sole managing director and will oversee the day-to-day operations of the business and ensure a smooth transition into the Briggs Equipment Group.”