Preferred Supplier Agreement

RNS Number : 8187L

Speedy Hire PLC

13 May 2010

 



13th May 2010

Speedy Hire ("Speedy")

Speedy Secures Five Year Preferred Supplier Agreement with Galliford Try

Speedy Hire ("Speedy"), the leading provider of equipment rental and support services, is pleased to announce the renewal of its existing arrangement and an extension to the scope of the services it provides to Galliford Try Plc under a new agreement which will run until 2015.

Under the agreement, Speedy will be Galliford Try's first choice to supply tools, safety gear, lifting and survey equipment on a nationwide basis. A bespoke hire desk has been created within Speedy to provide Galliford Try with a single point of contact for ordering, administration, management information and payments.

The extension of the relationship with Galliford Try has particular value to Speedy as this is Speedy's longest standing preferred supply agreement, dating back to 1996 when Speedy purchased the then internal fleet activity of Vine Plant.

This latest renewal, together with the extension in the range of services, emphasises the quality of the relationship that has been developed, as well as endorsing Speedy's competitive position and service quality.

With the extension in the service portfolio Speedy anticipates that the contract could have a value up to £20m over the term of the agreement.

For further information please contact:

Speedy Hire	Tel: [phone]
Steven Corcoran, Chief Executive
Justin Read, Group Finance Director
Hudson Sandler	Tel: [phone]
Nick Lyon / Wendy Baker / Kate Hough

NOTES TO EDITORS

Founded in 1977, Speedy is the leading provider of equipment rental and support services to a wide range of clients across the construction, infrastructure, industrial, manufacturing and facilities management sectors - as well as to local trades and industry.

Operating from over 350 fixed sites - together with a number of on-site facilities at client locations throughout the UK, Ireland and the Middle East - the company supplies a range of services including:

·     the hire of small tools and equipment

·     surveying and measurement instrumentation

·     lifting and materials handling equipment

·     powered and non-powered access equipment

·     temporary accommodation

·     compressed air

·     temporary power generation

·     mechanical pumps

·     temporary site communications

The Group also provides associated services through the provision of training, asset management and testing, repair, inspection and maintenance (TRIM), as well as offering advisory services in areas such as health and safety, environmental and regulatory compliance.

Website:  www.speedyhire.plc.uk

 

END

 

 

AGRSFWFMEFSSEEI