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Hewden has sold its entire portable accommodation business to Wernick Group for an undisclosed sum.
Wernick’s purchase includes Hewden’s 4,000 units and four hire centres.
Wernick chairman David Wernick said: “This is another exciting part of the continual expansion of the Wernick Group, with £35m invested in 2015 alone. These units are a fantastic addition to the Wernick fleet, and we look forward to continuing to provide a high quality service for Hewden’s existing customers.”
This £35m includes amounts spent internally by Wernick to expand its hire fleet, as well as a recent £3m on a new site in York to support the Wernick Refurbished Buildings business. It has also moved its manufacturing plant in South Wales to a new larger eight-acre site with an investment of £4m.
In 2012 Wernick paid more than £11m for Kier’s temporary accommodation business.
Last week A-Plant bought McCarthy & Stone’s fleet of site accommodation units.