SCOTTISH company Tulloch Group has bucked the trend towards outsourcing among contractors with the purchase of fellow Inverness firm Las Plant.
The move will see the contractor complement its existing in-house plant fleet with a plant hire service serving external customers.
David Sutherland, chairman of Tulloch, said: 'This business fits well with our existing portfolio and we hope we can use our expertise to help it grow.'
Las Plant was formed nearly 30 years ago to provide heavy plant and machinery support to the growing North Sea oil construction industry in the Highlands. It has specialised in the hire of cranes and heavy plant through to small tools from its headquarters in Lotland Street, Inverness. It also runs a training division for plant operators and has a separate division selling ground care and garden machinery to both commercial and domestic markets.
Now Tulloch is looking to combine the £2.5 million-turnover business with its current plant fleet, used to provide equipment to its house building and civil engineering arms, and to develop a plant hire business in its own right.
'We would like to see Las Plant eventually join us in other markets throughout the UK, with Central Belt activity a possible early target, ' said Mr Sutherland.
Under the deal, current chairman George MacWilliam steps down, while Ian Bone will be retained as operations director. He will be joined on the board by David Sutherland, George Fraser, Kenny Cameron and John Mackay.