Add-on Acquisition • Machinery

Hirequip Acquires Scissor Platforms

On February 1, 2011, Hirequip acquired machinery company Scissor Platforms

Acquisition Context

This is Hirequip’s 1st transaction in the Machinery sector.
This is Hirequip’s 1st transaction in New Zealand.

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M&A Deal Summary
Date	February 1, 2011
Target	Scissor Platforms
Sector	Machinery
Buyer(s)	Hirequip
Deal Type	Add-on Acquisition

Target Company

Scissor Platforms

Auckland, New Zealand

Scissor Platforms Ltd. is a specialist access equipment provider with operations in Auckland and Christchurch.

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Buyer Overview 1

Buyer

Hirequip

Auckland, New Zealand

Category	Company
Founded	1960
Sector	Retail

DESCRIPTION

Hirequip Ltd. is a dry-hire equipment rental business. It offers a wide range of rental equipment across the full spectrum of the construction sector via a national branch network. Hirequip was established in 1960 and is based in Auckland, New Zeland.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Machinery	1 of 1
Type: Add-on Acquisition	1 of 1
Country: New Zealand	1 of 1
Year: 2011	1 of 1

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