Kier has divested of more than 5,500 items of plant and equipment to GAP Group, whom it has appointed as preferred supplier for hire.
GAP has taken ownership of the equipment and under the terms of the deal will be given the opportunity for extended hire arrangements on the contracts already involved with the purchase.
Following a tender process, GAP was awarded the contract from Kier Fleet & Passenger Services to purchase the fleet which includes small tools, lifting, fusion equipment, survey equipment and plant.
The items will be stored in GAP depots and will be used for Kier Services contracts across the UK.
A total of 21 Kier FPS employees will also transfer to GAP. These include plant fitters and existing Kier FPS office staff in Wymondham, Norfolk.
GAP have also taken over the running of the Bodmin Depot as part of the acquisition.
John Wilkinson, executive director for Kier Services said: “GAP are specialists in the field of equipment hire and we chose them to take on the ownership of our internal plant fleet based on this. The strategic improvement will provide customers of Kier FPS with an enhanced service and quality equipment, while also offering greater control, improved safety and better reporting capabilities.’’
Iain Anderson, joint managing drector at GAP said: “The process to transfer ownership of the Kier FPS assets started in April when they issued their formal competitive tender.
“Following an audit of over 2,000 items, GAP is delighted to have won this contract with Kier. We are looking forward to establishing a long-standing relationship with them and are confident that the partnership will provide benefits to both of our companies going forward.”