Headquartered in Leigh, Greater Manchester, and with depots in Newcastle and Carlisle, APL operates a fleet of scissor lifts, boom lifts and telehandlers serving customers in the construction, infrastructure and retail sectors.
The acquisition extends Centurion’s portfolio of services, which focuses on the industrial and offshore sectors. In a statement, Centurion said that APL’s “strong market reputation” will benefit the group while, as part of Centurion, APL will benefit from the group’s financial strength.
APL now has access to additional financial backing to invest in new rental assets, infrastructure and capabilities, said Centurion.
Centurion, which is majority owned by private equity firm SCF Partners, has grown rapidly in recent years. Since 2017, group revenue has more than doubled, from US$200m (£150m) to US$500m (£756m) last year.
Acquisitions are central to Centurion’s growth strategy and the company has completed 21 acquisitions in the UK, US, Canada, Europe, UAE and Australia since 2017, expansion into new markets such as renewables, minerals, infrastructure, defence and government.
Centurion chief executive Euan Leask said: “We’re very pleased to welcome APL to Centurion. The business has a strong reputation across the UK in the powered
access market, making it a great addition to our UK & Europe operations. The acquisition not only expands our footprint across England, but also strengthens our position in the construction, infrastructure and retail markets, and grows the range of lifting services we can offer our customers.”
APL’s erstwhile owner, Jason Seddon, said that joining Centurion “marks an exciting new chapter for APL. We’re proud of what we’ve built and look forward to growing our business as part of a group that shares our commitment to service, safety and continuous improvement.”
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