UK renter gets £100m funding

By Murray Pollok21 April 2022

Thomas Plant Hire in the UK has secured £100 million funding from HSBC, NatWest and Barclays to support its growth plans.

Established in 2000, Thomas Plant is a rental and groundworks company with 140 staff and eight depots in South Wales, Birmingham and Bolton. Company owner and CEO is Wyn Thomas.

One of Thomas Plant Hire’s Komatsu excavators.

RSM UK, the tax and audit company that helped arrange the funding, said the funds will be used for the company’s capital expenditure programme as the business responds to significant demand levels.

In addition to its heavy plant rentals, the company also offers tool hire, sales and transport services.

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
Palazzani expands network in Sweden
ScandKran appointed as new dealer, attending Nordbygge 2022 with Palazzani
JLG’s New Perspective goes live
The hybrid online and live event took place in the UK earlier this month 
Illumin8 purchases 36 X-ECO LITHIUM lighting towers
According to Illumin8, the order has been placed in response to increasing demand for lighting
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