Wernick Hire continues £45m investment programme
Wernick Hire has completed the purchase of the Kier Group’s portable
building fleet. This includes a combined total of over 3,500 cabins and
modular buildings. Also agreed with the sale is the agreement for
Wernick Hire to be the sole supplier for the Kier Group’s onsite
temporary accommodation over the next five years.
David Wernick,
Chief Executive of the Wernick Group, commented: “This is an excellent
acquisition for Wernick and we are very much looking forward to being a
key supplier for the Kier Group over the coming years. We feel this will
be a mutually beneficial working relationship for both companies.”
Kier
Group is a leading construction, services and property group. Kier's
construction arm comprises a strategically positioned UK network of
locally established regional contracting businesses with national and
international major building, civil engineering and mining capabilities.
This is a continuation of Wernick Hire’s growth strategy with over £45m of investment spent over the last 24 months.