Headquartered in Leigh, Larger Manchester, and with depots in Newcastle and Carlisle, APL operates a fleet of scissor lifts, growth lifts and telehandlers serving shoppers within the development, infrastructure and retail sectors.
The purchase extends Centurion’s portfolio of services and products, which makes a speciality of the economic and offshore sectors. In a commentary, Centurion mentioned that APL’s “robust marketplace recognition” will receive advantages the gang whilst, as a part of Centurion, APL will take pleasure in the gang’s monetary energy.
APL now has get entry to to further monetary backing to put money into new condo belongings, infrastructure and functions, mentioned Centurion.
Centurion, which is majority owned by means of personal fairness company SCF Companions, has grown hastily lately. Since 2017, crew earnings has greater than doubled, from US$200m (£150m) to US$500m (£756m) remaining 12 months.
Acquisitions are central to Centurion’s enlargement technique and the corporate has finished 21 acquisitions in the United Kingdom, US, Canada, Europe, UAE and Australia since 2017, enlargement into new markets reminiscent of renewables, minerals, infrastructure, defence and executive.
Centurion leader govt Euan Leask mentioned: “We’re very happy to welcome APL to Centurion. The trade has a robust recognition throughout the United Kingdom within the powered
get entry to marketplace, making it a really perfect addition to our UK & Europe operations. The purchase now not simplest expands our footprint throughout England, but additionally strengthens our place within the development, infrastructure and retail markets, and grows the variety of lifting services and products we will be offering our shoppers.”
APL’s erstwhile proprietor, Jason Seddon, mentioned that becoming a member of Centurion “marks a thrilling new bankruptcy for APL. We’re pleased with what we’ve constructed and sit up for rising our trade as a part of a bunch that stocks our dedication to provider, protection and steady development.”
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