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26th Nov, 2021

Bromsgrove's GTAccess buys out Bedfordshire firm in multi-million pound deal

BROMSGROVE firm GTAccess has bought out Bedfordshire-based Neon Hire Services in a multi-million pound deal that will see the company strengthening its presence in the south east of England.

GTAccess currently employs 107 staff across seven depots in the Midlands, Sussex and South Wales and operates a modern fleet of just over 2,000 access platforms.

The addition of Neon Hire will add a further five depots in Luton, Peterborough, Brentwood, central London and a sub-depot at the NEC in Birmingham.

These additional centres will fill the gap nicely for GTAccess between their Midlands depots and their one in Hailsham, east Sussex.

Neon Hire employs 35 people across the organisation.

Jonathan Till, Managing Director at GTAccess said “This acquisition will strengthen our powered access offering across southern England and will help us to continue our ambitious growth strategy.

“It will make GTAccess the largest independently owned powered access hire company within the UK market with a total fleet size approaching 2,700 machines across 12 depots and employing 142 staff.”

Neon Hire customers should be unaffected by the change with all current depots and staff being retained.

Current Managing Director of Neon Hire Services, Neon Lane, said “This is great news for our customers as we can now offer them the same levels of service over a much wider geographical area. It will also secure the future for the dedicated staff at Neon Hire who have made the company what it is today.”

Tom Long, General Manager at GTAccess added: “Although we already deliver powered access platforms in to London and across the south east, the addition of the Neon Hire locations will greatly expand our capability for delivering quickly and efficiently in to those areas and will make it much easier for us to continue meeting our customers high expectations.”

The deal should be beneficial to both firms and the future looks bright for Neon and GTAccess.

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