Macdonald Henderson has advised the shareholders of Arvill Plant & Tool Hire based in Lanarkshire, Scotland on the disposal of the company to FTH Hire Group.
Arvill has been a family-run business since it was founded by Mr Arthur Shevill in 1985 and remains so today.
Now with 23 staff, they boast a high quality and well-maintained fleet of plant, tools, access, survey and landscaping equipment in line with our ‘Quality Equipment, Always In Stock’ ethos.
Like FTH, the customer’s hire experience is at the centre of everything with high levels of service, on time delivery and aftercare provided to customers and projects throughout Scotland.
Gerry Marsh, Acquisitions & Development Director at FTH Hire Group, says: “Arvill share many of the same values as FTH – a strong, family-orientated business with many years of experience, supporting local customers but with the ambition, capacity and operational strength to support the wider geographic region.
The opportunity to expand our UK operation into Scotland allows Arvill to continue providing a second-to-none hire service. Our experience of acquiring similar businesses, combined with investment into new equipment and other key areas of the business means there are exciting times ahead for all parties involved in this acquisition.”
Macdonald Henderson co-advised on the transaction alongside with Mr Shevill’s long term business advisor Mr Robert Pettigrew of Accountancy & Business Consultancy Limited.
About Macdonald Henderson, Mr Arthur Shevill, founder of Arvill said:
“We are delighted with the outcome which has been reflective of the hard work and advice from Laura McKnight, Ian Anderson and the team at Macdonald Henderson. It has been a pleasure working with Macdonald Henderson as they steered us through this transaction.”
We are pleased to have advised Arthur and his family on this exciting transaction, and wish all stakeholders in the continuing business every success for the future.