VP. Vp Plc

RNS Number:8422H
Vp PLC
16 November 2007


Press Release                                                  16 November  2007

                                     Vp plc

                             ("Vp" or "the Group")

                                  Acquisition



Vp plc, the equipment rental specialist, today announces the acquisition of
three businesses.

Vp plc's Irish subsidiary, Vp Equipment Rental (Ireland) Limited,  has acquired
the business and assets of Underground Safety Services Limited (USS) and Pipe
Testing Accessories Limited (PTA) for a combined consideration of Euro0.8m, of
which Euro0.12m is deferred, dependent upon business performance in the 19 month
period post completion. The businesses, which operate from premises in
Tullamore, Republic of Ireland, provide shoring and pipe-stopper services to the
Irish construction and civil engineering markets. USS and PTA will be
integrated within the Groundforce division of Vp, which already offers these
services to the UK market. The combined revenue of the USS and PTA businesses
was Euro0.6m for the year to 31st January 2007.

Vp plc's tool hire subsidiary, Hire Station, has acquired the entire issued
share capital of Able Safety (Yorkshire) Limited (Able) for a cash consideration
of #0.75m. Able, established in 2001, provides safety equipment rental, service
and sales, plus confined space training from its Knottingley base in West
Yorkshire. Able will be integrated with Hire Station's market leading safety
rental activity, ESS Safeforce. In the year to 31st August 2006, Able generated
revenues of #0.5m.



Jeremy Pilkington, Chairman of Vp plc, commented:


"The acquisitions of USS and PTA complement the strategic expansion of our
Groundforce business into the Republic of Ireland and will help further support
the provision of Groundforce's specialist shoring and associated services to our
customer base.

We are also very pleased to acquire the Able business which will further
consolidate our ESS Safeforce safety rental business' position as leader in this
market."



                                    - ENDS -



For further information please contact:


Vp plc
Jeremy Pilkington, Chairman                                         Tel: +44 (0) 1423 533 405
jeremypilkington@vpplc.com
Neil Stothard, Group Managing Director                              Tel: +44 (0) 1423 533 445
neil.stothard@vpplc.com                                             www.vpplc.com
Mike Holt, Group Finance Director                                   Tel: +44 (0) 1423 533 445
mike.holt@vpplc.com                                                 www.vpplc.com



Media enquiries:


Abchurch Communications
Justin Heath / Emma Johnson                                         Tel: +44 (0) 113 203 1340
Justin.heath@abchurch-group.com                                     www.abchurch-group.com



Notes to editors



About Vp



The principal activity of the Group is equipment rental and associated services
almost entirely conducted within the UK.  Vp plc listed on the London Stock
Exchange in 1973.



The Group is focused on six businesses:



Hire Station

Tools and specialist products for industry, construction and home owners.



TPA

Portable roadway systems, bridging, fencing and barriers primarily to the UK
market, but also in the Republic of Ireland and mainland Europe.



Torrent Trackside

Infrastructure equipment and services for the railway renewals and maintenance
industry.



Groundforce

Excavation support systems and specialist products for the water, civil
engineering and construction industries.



UK Forks

Rough terrain material handling equipment for industry, residential and general
construction.



Airpac Bukom Oilfield Services

Equipment and service providers to the international oil and gas exploration and
development markets.






                      This information is provided by RNS
            The company news service from the London Stock Exchange
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