England-based trenchless equipment supplier U Mole has been acquired through UK group Vp’s purchase of its parent, UM (Holdings) Ltd.
The specialist equipment rental group said it bought UM (Holdings) Ltd for almost US$2.8M. U Mole is to keep its brand name and operate in Vp’s Groundforce division.
Vp said the addition of UM (Holdings) Ltd would add to its offering to the regulated utilities market. Earlier this year, U Mole was made sole European representative for US TBM manufacturer Robbins’ small boring units.
