Announced

O’Flaherty Holdings-backed AER Rents completed the acquisition of Chippindale Plant.

Synopsis

O’Flaherty Holdings-backed AER Rents, a retailer of traditional plant hire, completed the acquisition of Chippindale Plant, a provider of construction equipment for hire and sale. Financial terms were not disclosed. “We are delighted to be joining AER Rents fold. It’s a perfect fit not only for Chippindale Plant and its employees, but also for our customers. AER Rents are a forward-thinking organisation with an eye on expansion. The acquisition will allow us access to significant further investment to enhance and expand the range of equipment we offer. We’re really looking forward to working with the AER Rents team and their existing plant hire companies," Nigel & Peter Chippindal, Chippindale Owners.

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