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TDG buys Adrian

23rd February 1995
Page 12
Page 12, 23rd February 1995 — TDG buys Adrian
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• Transport Development Group has bought Reading-based Adrian Truck Hire as part of a planned series of acquisitions in the short-term rental market. TDG will merge the 1 20vehicle business with its subsidiary Swift, which already operates around 1,000 vehicles in shortterm rentals and 300 on contract hire.

For the rest of this year Adrian Truck Hire, which has net assets of £2.3m, will keep its name. During the year TDG will consider whether to re-name the company, which relies on the civil engineering and construction market for much of its business.

Swift is now looking out for similar businesses around the Midlands, the South West and London.

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Locations: Reading, London

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