AB 2000 joins Quattro Group family25 May 2018 by Sotiris Kanaris
UK road rail equipment rental company Quattro Group announced has acquired Glasgow-based plant specialist AB 2000.
Since its incorporation in 1995, AB 2000 has grown to be one of Scotland’s largest privately-owned hirer of operated plant and equipment, with a turnover of approximately £30m.
The deal sees the acquisition of all trading divisions of AB 2000, including Ellon Plant Hire, Phoenix Weights and Phoenix Marine. The organisation has a significant and varied fleet of over 450 items of plant, ranging from mini excavators, concrete pumps to mobile cranes, adding a significant boost to Quattro Group’s fleet of 450 existing machines.
The deal sees the merging of AB 2000’s Glasgow head office and two further regional depots with Quattro Group’s existing nationwide depot network, with all staff retaining their roles within the organisation and no significant changes to the key management. AB 2000 founder Adam Bruce will remain with the organisation as an advisor, and Jim Houston, currently AB 2000’s chief executive officer, will hold the position of managing director.