O’Flaherty Holdings, best known for its role in the development of Ireland’s motor industry, is to expand its plant hire interests in Ireland and in the UK.
According to a statement announcing its acquisition of Louth-based Drogheda Hire & Sales last May and Derbyshire-based Mainline Hire Group in December, the group states that it will continue to expand its presence in the plant hire market through its AER Rents subsidiary – to be achieved through a combination of strategic acquisitions and organic growth, offering its customers access to a wider offering of modern products and services.
To this end, plans are in place to further expand the business with the opening shortly of a second depot under the Drogheda Hire & Sales name on Dublin’s Long Mile Road.
O’Flaherty Holdings first invested in plant hire in 2014 with the acquisition of London-based Mr Plant Hire. Going forward, each business will retain its identity, while capitalising on the strengths of their collective offerings and reach across Ireland and the UK, its statement says.
Founded in the 1940s by motor industry entrepreneur, the late Stephen O’Flaherty, O’Flaherty Holdings is owned and managed by members of the O’Flaherty family. Through subsidiaries, the group distributes Mercedes-Benz passenger cars and commercial vehicles and operates a network of motor dealerships providing sales and after-sales service for Mercedes-Benz, Mazda and Skoda.