Timeline

2010200920082007200620052004-20032002-20012000199919981997199619931992

2010

  • New Depot opened in Marseille, France

 


2009

  • Aquisition of the trade and certain assets of EPL Access Limited
  • Capital raising exercise generates net proceeds of £76.6m
  • John Gordon retires as Chairman
  • David Hollywood appointed as Chairman

 


2008

  • Acquisition of The Platform Company

2007

  • Acquisition of DK Rental
  • Acquisition of Higher Platforms Ltd
  • Acquisition of Wizard Workspace Ltd
  • Acquisition of Rise Hire Ltd

2006

  • Acquisition of MVE Management GmbH in Germany
  • Acquisition of Panther Work Platforms Ltd in the UK
  • Acquisition of Kestrel Powered Access Ltd in the UK
  • David Hollywood appointed non-Executive Director
  • Acquisition of AMP Access Ltd in the UK

 


2005

  • Operational hire fleet of over 10,500 machines and 85 depots
  • Non-core Austrian business sold
  • Founding Chairman, David Price, retires from the Group
  • John Gordon appointed Chairman
  • John Standen and Tim Ross appointed Non-Executive Directors

 


2004-2003

  • Group cash flows used to pay down debt finance and reduce gearing
  • German business restructured to reduce costs and focus on key depot network
  • Business process analyst teams created to redefine the operational practices of the business
  • Groupwide IT systems enhancements rolled out across European network to establish common operating software

 


2002-2001

  • First Spanish Depot opens in Madrid, followed by Murcia, Zaragoza & Santiago
  • Austrian depots open in Vienna and Innsbruck
  • Further expansion of French and German operations
  • Rights Issue to raise £28m to fund growth

 


2000

  • French operation begins trading - depots in Paris, Lille and Lyon opened
  • Acquisition of Lex & Vibroplant fleets in UK - 590 machines added to fleet
  • Placing and Open Offer to raise £20m to enable further expansion
  • Expansion in UAE - new depots in Bahrain and Saudi Arabia

 


1999

  • Integration of German businesses
  • Expansion in UK and Germany

 


1998

  • Acquisition of Furg business in Germany - 3 depots and 200 machines

 


1997

  • Acquisition of Diamond Platforms in UK - additional 2 depots and 190 machines
  • Rights issue to raise £11m to fund further expansion

 


1996

  • Flotation of Lavendon on London Stock Exchange - 16 depots and 1230 machines in total
  • UAE operations begin trading in Dubai and Abu Dhabi
  • German operation founded - Pro-Lift
  • Skylift division established in UK

 


1993

  • Lavendon acquisition of Access Rental Ltd - UK - adding 2 depots and 300 machines

 


1992

  • Lavendon founded to acquire Nationwide Access Ltd - 6 depots and 430 machines