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Vp continues acquisition trail with £2.9m buy

Equipment rental specialist Vp has made its second multi-million purchase this week by snapping up Northamptonshire-based plant hire firm Redding Hire for £2.9 million.

The move comes just two days after Vp splashed out £4.5 million on Cambridgeshire based trenchless technology specialist U Mole.

Vp Chairman Jeremy Pilkington said Redding will operate within it’s Groundforce division.

Related link: Equipment hirer Vp buys U Mole for £4.5m