Published on January 28th, 2019 | by The GC Team0
Forbes Rentals acquires Stuart Darling Ltd. rental business
Forbes Rentals has announced the acquisition of Stuart Darling Ltd.’s TV and appliance rental accounts, with a customer base centred around Milton Keynes and Bedford, which Forbes says will be “readily absorbed into their existing business and will benefit from highly responsive service support.”
Forbes Rentals and Stuart Darling are both long established family companies with “a strong customer service ethos,” and have been acquainted at a senior level for more than 25 years.
Forbes’ existing product range includes the same products as the AV and appliance rental equipment acquired in the deal, meaning “all the requisite engineering knowledge, spare parts and replacement machines will be readily available” to Stuart Darling’s customers.
Forbes Rentals, established in 1926, has a nationwide infrastructure and a large fleet of service engineers. All service and account management is handled centrally from their head office. The company has undergone significant expansion and products now range from AV to laundry and kitchen appliances, iPads, home surveillance and mobility scooters.
Acquisitions such as these are intrinsic to their business strategy and the synergy between the two companies makes this a very straightforward investment. Stephen Edwards, Finance Director at Forbes and their key contact for companies throughout the acquisition process, says: “We are thrilled to have purchased the rental accounts from Stuart Darling. This is the 55th company from which we have acquired contracts, so we are well placed to carry out a seamless transfer. We look forward to continuing to deliver all of their customers with a consistently high standard of customer service.”