Mobile Mini UK has announced the acquisition of a Scottish container hire business, as it continues its growth plans.
The company, which employs 367 at its headquarters in Stockton, has bought the storage container hire firm from Glasgow-based Fraser Ltd.
THE UK arm of Arizona-based Mobile Mini recently said it had ambitious plans to grow in the UK retail and education sectors.
It reached a turnover of £52m last year, and wants to add to its established construction industry client base.
Mobile Mini supplies storage units and portable offices and also has 16 depots from Glasgow to Gravesend. Its other North-east sites include Middlesbrough and Sunderland.
The container hire business to be acquired operates a fleet of around 500 and will be merged with Mobile Mini’s existing Scottish business, also based in Glasgow.
It is the first acquisition for the company in the UK since its “transformational” acquisition of Ravenstock MSG in 2008.
Chris Morgan, Managing Director of Mobile Mini UK said: “Our acquisition is part of our growth strategy in the UK, which includes strengthening our container hire business and extending our reach into new market sectors such as retail and education.
“Frasers’ high quality, highly utilised, containers fit well with our own container fleet, and we expect a seamless transition for Frasers’ existing container hire customers.
“We’ve worked with Frasers for many years and both companies have a belief in providing high quality, personalised service.”
Mobile Mini has a UK fleet of more than 37,000 portable accommodation and storage units and a UK customer base of around 8,500 businesses.
2014 was a record year for Mobile Mini, with global sales up 9.6% in 2014 and total revenues up 10.0% year on year in the UK.
The firm has introduced an energy efficient range, which includes timed heaters and lights, double-glazed windows and water saving systems.
Mobile Mini Inc was first founded in the US in 1983, selling storage containers to construction companies and manufacturers.
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