Modular builder invests in crane hirer

DLH's new five-axle Liebherr LTM 1230-5.1
DLH’s new five-axle Liebherr LTM 1230-5.1

DLH Lifting Services owner/director Terry Humphries sold a minority stake in his business – more than 25% but less than 50% – to Reds10 Modular in December.

The investment has helped the crane hire company add two new Liebherr all-terrain machines to its fleet, taking delivery of a 60-tonne LTM 1060-3.1 at the end of 2024 and a flagship 230-tonne rated LTM 1230-5.1 this month.

Terry Humphreys said that the purchase of the LTM 1230-5.1 was “an easy decision to make as we were looking to phase out our LTM 1200-5.1”.

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