Eight Hewden depots sold by administrators

By Joe Malone06 January 2017

Eight Hewden depots have been sold by Hewden Administrators EY, following the announcement of the UK equipment rental business going into administration.

Depots in Bedford, Inverness, Whitehaven and Willenhall have been sold to Morris Leslie, with all 38 employees transferring to the new company. The Bangor and Warrington depots have been sold to JK Ashbrook, which has saved 16 jobs. Meanwhile, the Nottingham depot has been sold to Nixon Hire, with five jobs saved.

Colin Dempster, joint administrator for Hewden, said, “We are pleased to be able to arrange the sale of these depots as ongoing concerns, so that the employees and business can continue in these locations.”

In November last year, Ashtead Group acquired Hewden’s powered access, power and industrial ‘on-site’ businesses, plus the Hewden brand for £29 million (€33.88 million).

It was believed that the sale of the three divisions to Ashtead would save around 130 jobs, while 250 jobs had been lost.

EY confirmed that there were no remaining Hewden depots to be sold, with all its remaining kit to be sold at auction. It added, however, that there were still 113 people employed by the company.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Makita UK adds to range of cordless lighting
Makinta launches the lights with the aim of making lighting workspace lighting easier
Smart management offering from Haulotte
Haulotte Smart Solutions includes finance, maintenance and telematics for France, Italy and Spain. 
New Eastern Europe subsidiary for Magni
Based in Warsaw, Poland the new branch will strengthen presence across the region 
CONNECT WITH THE TEAM
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail: murray.pollok@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA