Kalpana Kalpana

Ashtead Group

Updated on
Share on FacebookTweet on TwitterShare on LinkedIn
Type  Public (LSE: AHT)
Operating income  £556.9 million (2015)
Total assets  $6.66 billion (2016)
Revenue  2.039 billion GBP (2015)
Industry  Plant hire
Net income  £303.4 million (2015)
Headquarters  London, United Kingdom
Founded  1947
Ashtead Group wwwashteadgroupcomassetsimagestoplogogif
Key people  Chris Cole, Chairman Geoffrey Drabble, CEO
Stock price  AHT (LON) 1,634.85 GBX -48.15 (-2.86%)24 Feb, 5:11 PM GMT - Disclaimer
CEO  Geoffrey Drabble (Jan 2007–)

Ashtead Group plc is a British industrial equipment rental company formerly based in Leatherhead, Surrey but which has since moved to new offices in the City of London. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

Contents

History

Ashtead was founded in 1947 in the village of Ashtead, Surrey, as Ashtead Plant and Tool Hire. In 1986 it was first listed on the London Stock Exchange. In 1990 it bought Sunbelt Rentals. In 2006 it acquired NationsRent Inc for $1bn. In 2008 it sold Ashtead Technology in a management buyout deal.

Operations

The Company operates internationally, servicing customers in the US and UK. It hires out large industrial items such as aerial work platforms, backhoes, excavators and forklift trucks, and smaller equipment such as power saws, ladders, and pumps. Approximately 85% of its revenue is generated in the US through the subsidiary Sunbelt Rentals, currently present in 600 locations across the US and Canada.

UK operations

A-Plant, formerly known as Ashtead Plant, is present in over 130 locations throughout the UK and has the following divisions:

  • A-Plant, Plant and Tools
  • A-Plant, Acrow
  • A-plant, Trenchless Technologies
  • A-Plant, Accommodation
  • A-Plant, Power Generation and Rentarc
  • A-Plant, Rail
  • A-Plant, Powered Access
  • A-Plant, Lux Traffic Systems
  • A-Plant, Survey
  • FLG Services, Lifting and Handling specialists
  • References

    Ashtead Group Wikipedia


    Similar Topics
    Russ Banham
    Alton Meiring
    Rupert Soames
    Topics