9th Feb 2006 14:09
Ashtead Group plc9th February 2006 ASHTEAD GROUP PLC Sunbelt acquires its 16th rental store this year Ashtead Group plc, the equipment rental group serving the US and UKconstruction, industrial and homeowner market, announces that its USsubsidiary, Sunbelt Rentals Inc, has recently acquired the business and assetsof Fast Rentals, the operator of a well established rental store serving the StPetersburg, Florida market for a consideration of $1.05 million.This acquisition further extends Sunbelt's presence in the Florida Gulf area. It follows earlier acquisitions in Tennessee, California, Indiana, Florida andNevada and greenfield openings in Phoenix, Houston, Maryland, Chicago and LasVegas to make a total of 21 new stores opened or acquired in the currentfinancial year and brings the total number of Sunbelt's stores to 207.Contacts:Ashtead Cob Stenham Non-executive Chairman 020 7299 5562 George Burnett Chief Executive ) Ian Robson Finance Director ) 01372 362300 Maitland Brian Hudspith 020 7379 5151 ENDASHTEAD GROUP PLCRelated Shares:
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