The Elite Ayrshire Business Circle

The Elite Ayrshire Business Circle

Sunday, 16 September 2007

Ayrshire team completes acquisition of Leggat Plant Ltd

ONE of the oldest names in Scotland’s construction industry has been the subject of a takeover by one of the industry’s emerging plant hire companies which is managed by two Ayrshire men.

Picture shows: Bridgend Hire Ltd directors Douglas Hill from Kilmarnock and Keith Miller from Troon.

Leggat (Plant) Ltd which is headquartered in Barrhead, East Renfrewshire, has been acquired by the management team behind one of Scotland’s newest plant hire companies, Bridgend Hire Ltd for a seven-figure sum.

Bridgend has acquired the entire share capital of Leggat after four months of negotiations, and the new company will be run and managed by Bridgend’s operations director Keith Miller from Troon and director Douglas Hill from Kilmarnock.

Leggat was first established 60 years ago by the Leggat family, and the business went on to become one of the leading plant, haulage and crane hire specialists in Scotland. The company’s 47 staff will transfer across to Bridgend, which was launched in 2003, and Duncan Leggat will remain with the company on a consultancy basis.

Bridgend Hire will relocate to Leggat Plant’s premises in Barrhead, where the combined businesses will employ over 70 staff and will have a projected turnover of £5 million. Although the majority of Bridgend’s business is drawn from the residential property sector, the addition of the new plant, haulage and crane divisions will enable it to target the industrial and commercial property sectors on a larger scale.

Bridgend and Leggat already have a solid reputation within the construction industry, and clients include Wimpey Homes, Cruden Estates, CALA Homes, the Newton Group, Persimmon Homes and British Airports Authority (BAA).

Bridgend Hire Ltd operations director Keith Miller (left above) said: “As with any business, it’s important that you remain competitive and this acquisition will undoubtedly strengthen our position in the market. Bridgend has always focused on jobs within the West of Scotland, but we will now be looking to expand into the rest of the country and the UK as a whole.

“The Leggat name is well known and highly regarded in the Scottish construction industry, and the company’s experience will prove invaluable as we seek to position ourselves as a major player within the plant hire Industry in Scotland.”

Bridgend Hire Ltd director Douglas Hill (left above) added: “This is a significant step for Bridgend. We are still a relatively young company, but have been enjoying year-on-year growth, and the acquisition of Leggat will allow us to add another facet to our already successful plant hire business.

“The plant hire industry in Scotland is booming, and client demand was one of the main reasons behind the acquisition. In terms of staffing, we will be looking to grow the workforce over the course of the next 12 months, and we will also be investing in new machinery and plant equipment.”

Prior to joining Bridgend earlier this year, Douglas Hill spent eight years with the Barr Group, while Keith Miller has worked in the plant hire industry for over 20 years. The pair first met while working for A Plant in 1993, and Keith went on to launch Bridgend in 2003.

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