Haulotte Group Sells UK Rental Business to HSS Hire Services Group

Haulotte Group sells its UK rental business to HSS Hire Services Group to reduce debt and strengthen financial capacity for pursuing opportunities in its core industry.

July 2, 2013

Haulotte Group | BilJax

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Haulotte Group sells its UK rental business to HSS Hire Services Group.

UK Platforms, which employs about 120 people and operates more than 2400 Haulotte aerial work platforms and telehandlers, covers the UK via a network of 10 branches. This activity has contributed over € 20 million sales to the Haulotte Group in 2012.

Alexandre Saubot, CEO of Haulotte Group, says, "This transaction will have a positive impact on the 2013 first half accounts of our Group, it will significantly reduce our debt and will strengthen our financial capacity to pursue strategic opportunities in our core business when they will appear. This deal should enable us to further strengthen the close relationship we have with the HSS Group for several years”

Haulotte Group | BilJax

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