LCH Generators and Lifting Gear Hire acquisitions add to growth
Tool hire outlet Speedy Hire's revenue has increased by 34% in the first 11 months of the financial year. In this time Speedy Hire bought LCH Generators and LIfting Gear Hire for 拢72.5m, as well as 20 greenfield depots.
The tool division generated revenue growth of 14%, including a like for like increase of 7.2%, while the equipment division produced a revenue increase of 58%.. Speedy Hire will annouce its preliminary results on Wednesday 23rd May.
