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Historic Plant Hire Business sold to Major Corporate Buyer

Altius Group recently facilitated the sale of Pudsey Plant Hire Ltd in Yorkshire to a major corporate buyer.

With a 50-year trading history and a turnover of £1.8m at the end of 2022, this plant machinery and skip hire service provider has established itself as a reputable mainstay in Pudsey, West Yorkshire. The business maintains over 100 active clients alongside a major contract with the local authority.

Originally a family business with a long history dating back to 1966, Pudsey Plant Hire was created from the ground up by its former owner. Over time, it became a leading name in plant machinery and skip hire across Pudsey, Leeds and all areas of West Yorkshire.

Pudsey Plant Hire was recently picked up by a well-established corporate specialist for mergers and acquisitions. The new owner wishes to take the business forward unto profitable new horizons.

Our Sales Negotiator stated: “I am delighted to announce the completion of Project Pickle. Both the client and buyer have been a pleasure to work with. This was a smooth transaction with a prompt closeout. I wish the vendor all the very best in his retirement. I look forward to seeing the buyer move forward with the business and his plans to grow his portfolio.”

Are you thinking of selling your business?

If you are considering selling your business and have any questions about what you may need to consider, then one of our experienced sales negotiators are always here to chat through any important points you may want to discuss.

Are you looking to buy a business?

If you are looking to purchase a business, then Altius are here to work with you. Perhaps you are considering entering a new market or expanding your presence within an existing one? Whatever stage you’re at, we have a wealth of opportunities that may be of interest to you.

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