Elliott announces future plans for UK hire fleet

Elliott, the UK business of Algeco Group, the world’s largest modular space company, has announced plans to consolidate a number of its UK sites and increase its investment in the remaining footprint. 

It will also conduct a review of its hire fleet, with the view of disposing of old stock. To enable further growth in the company’s hire business, Elliott will be investing in its Flex range and 360 value-added products and services. This is in line with the wider growth and investment strategy for Algeco Group.

Andrew Tyler, Algeco Group CEO said, "The UK is an important and growing market for the Group and this move will put us in the position to extend our investment in our hire fleet and infrastructure. This will allow us to achieve our growth ambitions, and to improve the service that we offer to our customers". 

This consolidation means that Elliott will be closing a number of its satellite sites as they are emptied of old stock. In total, Elliott will cease operations across nine sites: Ampthill, Baston, Deeside, Durham, Glasgow, Plymouth, Scunthorpe, South Wales, and Wolverhampton.

Lee Young, Elliott CFO: "Our decision has been driven by our desire to provide a better service to our customers, to drive revenues and to increase our market share."

These plans for future growth build on Elliott’s 20:20 Vision strategy, which has transformed the business over the last four years, resulting in the company achieving and retaining the Investors in People Silver accreditation, its best-ever customer satisfaction scores, and the introduction of its 360 products.