Lifting Gear Hire (LGH) has acquired the Aberdeen-based hire division of JD Neuhaus (JDN) Ltd, a manufacturer of hoists and crane systems for extreme environments.
JDN, headquartered in Germany, will retain its other UK divisions, including sales and repair, and will remain an LGH supplier. The value of the transaction was not disclosed.
The Dyce facility will become LGH’s third UK site, alongside Atherton, Manchester; and Rainham, London. In addition to infrastructure, the purchase includes four JDN employees who will be supported by existing LGH personnel and trained on the company’s software and processes. In the short term, no additional recruitments are planned.
Colin Naylor, managing director of LGH, said: “This acquisition will strengthen and deepen our product portfolio, especially in the hoisting category. Our relationship with JDN as a supply partner spans over three decades and their equipment and service has always been excellent. This acquisition is in line with our growth strategy and we welcome our new and transferring employees in Aberdeen. We also look forward to extending a warm welcome to customers old and new whom we hope will embrace a wider range of high quality, complementary equipment in due course.”
Naylor said that the acquisition presented a two-fold opportunity to, firstly, meet with the company’s objectives to have a presence in Scotland; and, secondly, to immediately expand the product portfolio available to existing and prospective customers.