Vp’s 68 million buying Brandon Hire Group Holdings may be cleared through the Competition & Markets Authority (CMA).

Announced way back in November, the purchasing will culminate in the specialist tool hire business in the UK division of Harrogate-headquartered Vp.

In December 2017, the CMA revealed it’d look into the deal, which saw Vp take ownership within the unit and equipment hire business with a equity finance firm.

For the year ended 31 December 2016, Brandon Hire’s revenues were 79.8 million, generating profits before interest, tax, exceptionals and amortisation of 6 million from gross assets of 50.6 million.

LEAVE A REPLY

Please enter your comment!
Please enter your name here