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