The Selwood Group, a United Kingdom equipment rental company particularly strong in pump rentals, has acquired Proplant, a Welsh rental company. For Selwood, the deal is its second acquisition in two months, having recently acquired Glo Hire and Sales, based in England.
Selwood Group officials said the back-to-back purchases are not indicative of a plan to go on a major acquisition spree. Officials said the group plans to concentrate on integrating its new companies and doesnâ€™t plan on acquiring more unless an extremely good opportunity presents itself.
The recent acquisition of Glo marks Selwoodâ€™s first entry into the aerial rental business.
Proplant was founded in 2001 and has four branches in Wales. Proplant founders Glyn Charles and Paul Roswell will continue with the company.