Trailer rental and leasing company, TIP Trailer Services, has expanded its service proposition in South Wales with the recent double acquisition of Aim Hire Ltd and P:A:D:S Trailers.
Newport-based trailer rental Aim Hire, and Barry-based P:A:D:S Trailers will reportedly enhance the TIP network South Wales, which TIP said is an important area for road transport.
The combined TIP South Wales business will now operate a four bay workshop, mobile service vans and run a rental fleet in excess of 600 units.
“South Wales and indeed the South West of England has been a key area for our business with many loyal customers over the past 50 years,” said Mike Furnival, Managing Director, TIP Trailer Services.
“We are committed to growing our service in this area and these two acquisitions will certainly strengthen our presence in South Wales.
“Aim Hire has a tremendous reputation in this area and we are delighted to welcome Chris Butt from Aim Hire to play a key role in our future development.”
Mike Furnival added, “Paul Andow, Clive Booth and the PADS team have successfully operated in this area for nearly forty years to build a successful trailer rental and maintenance business based securely around customer service. We are confident that we can add innovative new products to complement their great work over the years.
“Merging these two successful businesses with our own operation in South Wales provides us with the best people and the best platform to offer a more complete service to our customers in this important strategic area for TIP.”
The two acquisitions follow TIP's expansion in Canada with the purchase of Train Trailer earlier in August.