Loxam acquired UK Platorms from HSS Hire Group for £60m.

Loxam, which offers equipment rental services, acquired UK Platorms, a specialist in powered access, from HSS Hire Group, a supplier of tool and equipment hire in the United Kingdom and Ireland, for £60m. Don Kenny, CEO of Loxam’s Powered Access Division states: “I am delighted with the acquisition of UKP which will further reinforce NWP’s position as the leading powered access specialist in the UK. The customers, employees, fleet & facilities that UKP will bring to NWP will help us expand our offering and enhance our service to both sets of customers. The partnering agreement with HSS is an exciting development for both companies which I am sure will bring mutual benefits to both our & HSS’ customer’s.”