Tuesday, August 30, 2016

News: Ability Handling relocate after acquisition

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Following extensive refurbishment, Ability Handling is now fully operational from premises in Rotherham that it acquired when it secured a deal for SEV Materials Handling.

The firm specialises in the hire, sale and service of forktrucks and sideloaders and has grown from premises in Sheffield and Rotherham.

Having acquired the materials handling and electric vehicles business of Smith's Electric Vehicles (SEV) in 2015, the combined company, which had revenues at acquisition of £3.5m, has relocated to North Anston. The firm said that the relocation "marks a new chapter in the history of Ability Handling and provides the foundation for our future growth."

Ability Handling was established in 1989 by Roger J. Hardman who for many years had been involved with the service and repair of agricultural machinery, contractors plant equipment and transport. Continued growth saw the firm consolidate to a single site on the Barbot Hall Industrial Estate at Rotherham.

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Gaining a freehold property in the acquisition, the new premises offer the company a prominent road side position, close to major motorways, with ample land for future expansion. Until planning is approved, Ability Handling is renting nearby warehouse space to accommodate its stock of new and used forklift trucks and Cushman electric vehicles.

Smith's Electric Vehicles established SEV Materials Handling in 1993, which was a dealership for Doosan in the North East of England and TCM in South Yorkshire. Stephen Fisher, former MD of SEV Group, joined Ability Handling in late 2014.

As part of the growth plan, the new merged site is set to be joined by additional depots established to expand services to a wider geographical territory. Additional employment opportunities are also set be created in the region as plans go ahead to augment the current workforce of 30 with more engineers, sales and support staff. Further significant investment has been made in new fleet trucks, computer systems, vans, specialist equipment and employee training.

Roger Hardman, managing director of Ability Handling, said after concluding the deal: "We have already seen significant organic growth and this acquisition and planned investment puts Ability Handling at the forefront of its sector in the region and marks a major step forward."

Ability Handling website

Images: Ability Handling


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