Ashtead Group
 |
|
| Public (LSE: AHT) | |
| Industry | Plant hire |
| Founded | 1947 |
| Headquarters | London, UK |
|
Key people
|
Chris Cole, Chairman Geoffrey Drabble, CEO |
| Revenue | £1,475.3 million (2014)[1] |
| £409.2 million (2014)[1] | |
| £231.2 million (2014)[1] | |
| Website | www.ashtead-group.com |
Ashtead Group plc is a British industrial equipment rental company formerly based in Leatherhead, Surrey but which has since moved to new offices in the City of London. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
History
Ashtead was founded in 1947 in the village of Ashtead, Surrey, as Ashtead Plant and Tool Hire.[2] In 1986 it was first listed on the London Stock Exchange.[2] In 1990 it bought Sunbelt Rentals.[2] In 2006 it acquired NationsRent Inc for $1bn.[3] In 2008 it sold Ashtead Technology in a management buyout deal.[4]
Operations
The Company operates internationally, servicing customers in the US and UK.[5] It hires out large industrial items such as aerial work platforms, backhoes, excavators and forklift trucks, and smaller equipment such as power saws, ladders, and pumps. Approximately 85% of its revenue is generated in the US through the subsidiary Sunbelt Rentals, present in more than 513 locations across the country.[5]
UK operations
A-Plant, formerly known as Ashtead Plant, is present in over 130 locations throughout the UK[5] and has the following divisions:
- A-Plant, Plant and Tools
- A-Plant, Acrow
- A-plant, Trenchless Technologies
- A-Plant, Accommodation
- A-Plant, Power Generation and Rentarc
- A-Plant, Rail
- A-Plant, Powered Access
- A-Plant, Lifting and Handling
- A-Plant, Lux Traffic Systems
Senior management
| role | salary | bonus | total | |
|---|---|---|---|---|
| Geoff Drabble[6] | Chief executive officer | £456,000 | £114,000 | £570,000 |
| S.Ian Robson[7] | Finance director | £328,000 | £82,000 | £410,000 |
| Sat Dhaiwal[8] | Executive director | £220,000 | £220,000 |
References
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- Pages with reference errors
- Pages using infobox company with unsupported parameters
- Business services companies of the United Kingdom
- Companies established in 1947
- Companies listed on the London Stock Exchange
- Construction equipment rental companies of the United Kingdom
- Companies based in London
- 1947 establishments in the United Kingdom
