Ashtead Buys U.S. Scaffolding Business

Equipment hire firm Ashtead Group has boosted its presence in the Gulf Coast petrochemicals business with the acquisition of Empire Holdings.

January 11, 2011

London - Equipment hire firm Ashtead Group has boosted its presence in the Gulf Coast petrochemicals business with the acquisition of Empire Holdings.

Ashtead is paying $38m for Empire, which is based in Baton Rouge, LA. An additional cash consideration of $1.5m may be payable depending on Empire's profits in the current financial year.

For the entire story, click here.

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