HSS Hire GroupWednesday, 07 April 2021
ByrneWallace LLP advised HSS Hire Group, which is listed on the London Stock Exchange, in relation to the sale of plant hire business Laois Hire Services to Briggs Equipment Ireland for a cash consideration of approximately €11 million.
Laois Hire Services specialises in the sale and hire of small plant equipment, including excavators, rollers, dumpers and large pumps. As part of this transaction, HSS entered into a commercial agreement with Briggs for the cross hire of equipment to ensure the broadest possible distribution of, and customer access to, the parties’ existing fleets.
The ByrneWallace LLP team who advised on the deal was led by partner Gerry Beausang and included senior associate Jonathan Lynch from our Corporate Team, and senior associate Colin Bolger and solicitor Laura O’Malley from our Tax Team.
For further details on the transaction, click here for recent press coverage.