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  5. Speedy Hire Appoints Northgate Chief Executive To Board

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Speedy Hire Appoints Northgate Chief Executive To Board

Thu, 10th Dec 2015 09:17

LONDON (Alliance News) - Tool and equipment hire company Speedy Hire PLC on Thursday said it has appointed the chief executive of FTSE 250-listed vehicle hire company Northgate PLC to its board.

Bob Contreras will join Speedy's board on December 23.

The appointment comes at the end of a tough year for Speedy Hire, characterised by a series of profit warnings at its struggled against a competitive market, and only weeks after reports claimed the company recently had aborted merger talks with rival HSS Hire Group PLC.

Speedy Hire shares were down 1.4% to 34.75 pence on Thursday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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