GAP acquires over 1200 assets from Daniel Contractors
GAP Group, the UK’s largest independent plant & tool hirer, has acquired over 1,200 assets from Daniel Contractors Limited, including both plant and tools. Daniel, which is one of the UK’s key service providers to the pipeline, civil engineering and utility construction sectors, has sold an asset value of £600,000 to GAP, which included 32 mini excavators.
In addition to the purchase of Daniel assets GAP has also signed a new 3 year hire agreement with Daniel, which ensures exclusive supply, on a first call basis, for all their plant, tool and equipment hire requirements from April 1st 2011.
All GAP depots, throughout the UK, are likely to benefit from the deal. Daniel Contractors operates UK wide with a number of large contracts in both the North West and South West of England.
Major Account Directorr, Paul Morton, commented, “After going through a vigorous tender process, which started last September, GAP is delighted to have been successful in its bid for supplying Daniel Contractors with its Plant & Tool needs, and is looking forward to developing a prosperous relationship going forward.”