VP. Vp Plc

    RNS Number : 8302Y
  Vp PLC
  11 July 2008
   

    



 Press Release   11 July 2008



    Vp plc

    ("Vp" or "the Group")

    Acquisition



    Vp plc, the equipment rental specialist, today announces that it has acquired the tools and telehandler fleet of UCS Plant Limited, part
of Rand Group Limited ("Rand"), for a consideration of �0.9m.  

    In addition, Vp has entered into a three year sole supply agreement with Rand's subsidiaries UCS Civils and Linpave Building to hire a
range of tools and other specialist equipment.

    The acquired business will be located at Rand Group's premises near Lincoln.

    Jeremy Pilkington, Chairman of Vp plc commented:

    "The acquisition of the tools and telehandler fleet and the securing of an associated three year sole supply agreement with Rand is an
important further development for the Group. We look forward to building a long and successful relationship with Rand and its
subsidiaries."


    - Ends -

      For further information please contact:

 Vp plc
 Jeremy Pilkington, Chairman             Tel: +44 (0) 1423 533 400
 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
 Sarah Hollins/George Parker        Tel: +44 (0) 207 398 7719
 george.parker@abchurch-group.com     www.abchurch-group.com 
    Notes to editors:

    About Vp
    The main activity of the Group is equipment rental and associated services principally 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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