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Competition clearance

15 May 2025 07:00

RNS Number : 7523I
HSS Hire Group PLC
15 May 2025
 

 

15 May 2025

 

HSS Hire Group plc

Competition clearance: sale of HSS Hire Ireland Limited

 

HSS Hire Group plc ("HSS") welcomes the announcement from the Competition and Consumer Protection Commission (CCPC) in Ireland that it has given unconditional clearance for Grafton Group plc to acquire the entire issued share capital of HSS Hire Ireland Limited from HSS.

Completion of the transaction is expected to take place at the end of May 2025.

-Ends-

For further information, please contact:

HSS Hire Group plc

Email: Investors@hss.com

Steve Ashmore, Executive Chair, HSS ProService

Richard Jones, Group Chief Financial Officer

FTI Consulting

Tel: 020 3727 1340

Nick Hasell

Victoria Hayns

Numis Securities (Nominated Adviser and Broker)

Tel: 020 7260 1000

Stuart Skinner

George Price

Notes to editors

HSS Hire Group plc operates through two separate but complementary businesses serving predominantly business customers:

HSS ProService ("Pro") is the leading Digital marketplace business focussed on customer and supplier acquisition. Technology driven, scalable and uniquely differentiated. Wide range of building services, including hire, resale, materials, training and more

The Hire Services Company ("THSC") formerly known as HSS Operations, provides tool and equipment hire and related services in the UK through a nationwide network of Group companies and third-party suppliers. It offers a one-stop shop for all equipment through a combination of its complementary rental and re-hire business to a diverse, predominantly B2B customer base serving a range of end markets and activities.

HSS is listed on the AIM Market of the London Stock Exchange. For more information, please see www.hsshiregroup.com.

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