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 Aerial work platform, powered access, from power gener ...
company based in
London, England. It is listed on the
London Stock Exchange as a constituent of the
FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
.
History
Ashtead was founded in 1947, in the village of
Ashtead,
Surrey
Surrey () is a ceremonial and non-metropolitan county in South East England, bordering Greater London to the south west. Surrey has a large rural area, and several significant urban areas which form part of the Greater London Built-up Area. ...
, as Ashtead Plant and Tool Hire.
In 1986, it was first listed on the
London Stock Exchange.
In September 2018, Ashtead appointed
Paul Walker 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