Smith’s (Gloucester) Ltd. acquires Ermin Plant (Hire and Services) Ltd.
Smith’s (Gloucester) Ltd, a well-established, construction, demolition, transport and waste management firm are delighted to announce the acquisition of Ermin – a family-run Plant and Equipment hire business which has been operating since 1966.
The all share purchase, brokered by The Hire Exchange, includes all six of Ermin’s depots
in Gloucester, Cheltenham, Worcester, Ross-on-Wye, Cirencester and Stroud.
Nigel Kelly, previous Managing Director and shareholder of Ermin, said: “Whilst I’m sad to be leaving a company that myself and my family have been part of these past 56 years, I’m delighted it will continue its growth and success under the guidance of Smith’s, a similar local family run enterprise with the same ethos and values.
I wish Alan, Paul, Rebecca and all at Smith’s and the Directors and staff of Ermin the very best for the future”
Rebecca Pullin, Company Secretary of Smith’s (Gloucester) Ltd and newly appointed Director of Ermin Plant (Hire and Services) Ltd. commented:
“It has been a pleasure to work with Nigel and Julie on this transaction and I wish them all the very best for their future endeavours. We are really excited about this acquisition and the opportunities that it will present. The compliments that it will offer to our existing business practices is what attracted us to the acquisition in the first instance but it is also evident that the Ermin business model is one that has been successfully servicing the trade in the South West for over 56 years.
Smith’s celebrates its 40th anniversary of trading this year and as family-owned company embodies a community culture, which rewards hard work from staff who continue to deliver excellent customer service on small and large-scale projects.