Ashtead Group plc is a British industrial

equipment rental Equipment rental, also called plant hire in some countries (in the UK for instance), is a service industry providing machinery, equipment and tools of all kinds and sizes (from earthmoving to powered access, from power generation to hand-held ...

company based in

London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...

, England. It is listed on the

London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St P ...

as a constituent of the FTSE 100 Index.

History

Ashtead was founded in 1947, in the village of

Ashtead Ashtead is a large village in the Mole Valley district of Surrey, England, approximately south of central London. Primarily a commuter settlement, Ashtead is on the single-carriageway A24 between Epsom and Leatherhead. The village is on ...

, Surrey, as Ashtead Plant and Tool Hire. In 1986, it was first listed on the

. In September 2018, Ashtead appointed

Paul Walker Paul William Walker IV (September 12, 1973 – November 30, 2013) was an American actor. He was known for his role as Brian O'Conner in the ''Fast & Furious'' franchise. Walker began his career as a child actor in the 1980s, gaining recogniti ...

as non-executive chairman of its board. In November 2018, it was announced that

Geoff Drabble Geoffrey Drabble (born December 1959) is a British businessman, and was the CEO of Ashtead Group, an industrial equipment rental company and FTSE 100 Index constituent, from January 2007 to May 2019. Early life He has a bachelor's degree in eco ...

would retire as CEO after twelve years on 1 May 2019, and would be succeeded by

Brendan Horgan Brendan Horgan is an American businessman, and the CEO of Ashtead Group, an industrial equipment rental company and FTSE 100 Index constituent, since May 2019. In 1996, Horgan joined Sunbelt Rentals, Ashtead's North American business, rising to ...

, the Group Chief Operations Officer and chief executive of Sunbelt Rentals, Ashtead's North American business.

Operations

The company operates internationally, servicing customers in Canada, the United States and the United Kingdom. Approximately 85% of its revenue is generated in the United States through the subsidiary Sunbelt Rentals, currently present in over 1,000 locations across the United States and Canada. The company's non-executive directors are Paul Walker, Angus Cockburn, Jill Easterbrook, Tanya Fratto, Reneta Ribeiro, Lucinda Riches and Lindsley Ruth.

British operations

Sunbelt Rentals, formerly known as A-Plant, is present in over 185 locations throughout the United Kingdom, and has the following divisions: *''A-Plant, Plant'' *''A-Plant, Accommodation'' *''Astra Site Services, Excavator Attachments'' *''Brightlights'' *''FLG Services, Lifting and Handling Specialists'' *''Hoist-It LTD'' *''GB Access'' *''Hewden Industrial, equipment hire to the petrochemical industry'' *''Leada Acrow'' *''Live Trakway'' *''Mather+Stuart Power Solutions'' *''PSS Hire'' *''Rapid Climate Control'' *''Tool Hire Express'' *''A-Plant, Powered Access'' *''A-Plant Customer Training Solutions'' *''A-Plant, Rail'' *''A-Plant, Lux Traffic Systems'' *''Opti-cal Survey Equipment (Survey Hire Express)''

References

External links

Ashtead Group Official site
{{Authority control Business services companies of the United Kingdom Business services companies established in 1947 Companies listed on the London Stock Exchange Construction equipment rental companies of the United Kingdom Companies based in the City of London 1947 establishments in England Companies based in London 1947 establishments in the United Kingdom Companies established in 1947 Construction companies based in London