{"id":51300,"date":"2019-01-21T09:51:57","date_gmt":"2019-01-21T09:51:57","guid":{"rendered":"https:\/\/www.pbctoday.co.uk\/news\/?p=51300"},"modified":"2019-01-21T09:51:57","modified_gmt":"2019-01-21T09:51:57","slug":"plantforce-acquires-hawk-plant","status":"publish","type":"post","link":"https:\/\/www.pbctoday.co.uk\/news\/plant-equipment-supplies-news\/plantforce-acquires-hawk-plant\/51300\/","title":{"rendered":"Plantforce Rentals announces acquisition of Hawk Plant"},"content":{"rendered":"<h2><a href=\"https:\/\/www.plantforce.com\/\">Plantforce Rentals<\/a> have agreed to acquire the assets and staff from Hawk Plant at the Hinkley Point C power station project in Somerset<\/h2>\n<p><a href=\"https:\/\/www.pbctoday.co.uk\/news\/plant-equipment-supplies-news\/hawk-plant-administration\/51032\/\">Hawk Plant fell into administration<\/a> last week due to cashflow issues. Plantforce has worked beside Hawk at Hinkley Point C for the past four years with 186 of its own items of plant on site. It has now taken on all of Hawks\u2019 100+site-based machinery, contracts and infrastructure, securing the employment of more than 100 full-time plant operators.<\/p>\n<p>Hawks cashflow problems are believed to have been impacted by a number of historical problematic contracts and a delay in the commencement of anticipated projects.<\/p>\n<p>Claire Trott, managing director of Plantforce Rentals, said: \u201cThis is a sad outcome for a company which has dominated the plant hire world for many years and a company we have very much respected. This is a strategic decision with our main priority being to secure the continued employment of the workforce on site and minimize the impact on the <a href=\"https:\/\/www.pbctoday.co.uk\/news\/planning-construction-news\/meh-joint-venture\/47503\/\">Hinkley Point C<\/a> project.\u201d<\/p>\n<p>She added: \u201cIt has taken the last four days to secure the contract, works and staff. Plantforce\u2019s fast reaction and ability to adapt has been key in making this deal happen but it could not have been done without the input of Peter Carney and Alastair Lomax from <a href=\"https:\/\/www.tltsolicitors.com\/\">TLT<\/a> and all the team members from administrators <a href=\"https:\/\/www.ey.com\/uk\/en\/home\">EY<\/a> and venture capital group <a href=\"https:\/\/www.bgf.co.uk\/\">BGF<\/a> who have worked tirelessly through the weekend and this week to achieve what is a good outcome for all parties.\u201d<\/p>\n<div class=\"mk-custom-module-container\">\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Plantforce Rentals have agreed to acquire the assets and staff from Hawk Plant at the Hinkley Point C power station project in Somerset.<\/p>\n","protected":false},"author":16,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[308],"tags":[676,283,431],"stakeholder_rel_tag":[],"contributor_rel_tag":[],"class_list":{"0":"post-51300","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-plant-equipment-supplies-news","7":"tag-construction","8":"tag-finance","9":"tag-plant-equipment-supplies"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Plantforce Rentals announces acquisition of Hawk Plant<\/title>\n<meta name=\"description\" content=\"Plantforce Rentals have agreed to acquire the assets and staff from Hawk Plant at the Hinkley Point C power station project in Somerset\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.pbctoday.co.uk\/news\/plant-equipment-supplies-news\/plantforce-acquires-hawk-plant\/51300\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plantforce Rentals announces acquisition of Hawk Plant\" \/>\n<meta property=\"og:description\" content=\"Plantforce Rentals have agreed to acquire the assets and staff from Hawk Plant at the Hinkley Point C power station project in Somerset\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.pbctoday.co.uk\/news\/plant-equipment-supplies-news\/plantforce-acquires-hawk-plant\/51300\/\" \/>\n<meta property=\"og:site_name\" content=\"Planning, Building &amp; 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