HSS sells UK hire business for £1 and strikes online deal with Speedy

An HSS hire van in front of an HSS depot. Image: HSS Hire Group

HSS Hire Group has announced that it will sell its UK hire business HSS The Hire Service Company (THSC) to a private equity company for £1.

HSS Hire Group itself will make a seller contribution of £26 million to facilitate the deal.

It is selling THSC to Project Mansell Newco Limited, a newly formed company indirectly owned by investment funds managed by private equipty firm Endless LLP.

HSS said the move was part of its…

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Murray Pollok Editor, International Rental News Tel: +44 (0)1505 850043 E-mail: [email protected]
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