Briggs Equipment has completed the acquisition of Galway Plant & Tool Hire (GPT), one of Ireland’s largest and most successful plant, commercial vehicle and tool hire specialists.
Operating from eight sites throughout the Republic of Ireland, GPT employs more than 90 people and has delivered a trademark, high-quality service to customers since 1969. This acquisition will see Briggs Equipment established as the largest plant hire company in Ireland and will help bolster its equipment fleet and increase coverage across the country.
A key part of GPT’s business is their Commercial Vehicle Hire division. This is a new market for Briggs and provides an exciting opportunity to further enhance its service and deliver greater choice to its customers in Ireland.
In 2017, Briggs acquired Irish Lift Trucks from the Dublin headquartered OHM Group, which held the Hyster materials handling agency.
Commenting on the deal, Peter Jones, Briggs Equipment’s Group Managing Director, said: “We are delighted to welcome Galway Plant and Tool Hire into the Briggs Equipment Group. Their extensive fleet of 2,800 plant assets,1,900 commercial vehicles 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, Galway Plant & Tool Hire’s Founder and Director, 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.”
The sale of GPT does not include the Griffith’s Motor Group’s Ford Dealerships (Claremorris & Castlebar), owned by the Hughes family.