Gap makes €11m Q1 fleet investment

UK rental company Gap Hire Solutions has invested £10 million (€11.33 million) in excavators, dumpers and tandem rollers, following the beginning of its financial year.

The company has added excavators from 0.8 tonnes to 8 tonnes, dumpers ranging from 1 tonne to 9 tonnes, and tandem rollers ranging from 80cm to 138cm. Gap confirmed this investment only covered its first-quarter requirements. The products were bought from the like of Kubota, Wacker Neuson, Thwaites and Hamm.

Ken Stewart, head of procurement, said, “Demand remains strong and availability of new equipment is good with purchase orders having been placed with our valued suppliers well in advance of our April start date.

“We expect similar levels of investment to continue as we plan for the remainder of the financial year. Equipment to our specification and wrapped in Gap branding is now being delivered to our national depot network.”

Gap operates 140 depots across the UK and employs 1,700 people across eight division.

Stewart added, “The Gap brand is now becoming recognised throughout Europe with a delivery of Hamm rollers being spotted on the autobahn close to Cologne bound for our depots.”