Ashtead

Our history

1947

Ashtead Plant Hire Company Limited founded.

1984

Ashtead Group plc formed as a vehicle to acquire what was then a five branch business trading in the south-east of England with revenues of £1m

1986

Ashtead Group plc lists on the London Stock Exchange

1990

Ashtead acquires Sunbelt Rentals, then a two profit centre business based in Charlotte, US, and the business known as Ashtead Technology.

2000

Ashtead acquires the US equipment rental interests of Rentokil Initial plc, thereby doubling the size of Sunbelt Rentals.

2006

Ashtead acquires the US number six in equipment rental, NationsRent Inc, for $1bn and becomes the second largest equipment rental company in the US.

2006

Ashtead becomes the UK’s largest provider of rental traffic systems by acquiring Lux Traffic Controls Limited for £15.5m.

2007

Chris Cole and Geoff Drabble appointed Chairman and Chief Executive respectively.

2008

Disposal of the non-core Ashtead Technology business for £95.6m.

2014

Sunbelt Rentals enters Southwest Canadian market by acquiring GWG Rentals.

2017

Sunbelt Rentals doubles the size of its Canadian business with 30 locations added with the CRS acquisition.

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