Quattro Group buys plant specialists AB 2000

Photo: Tycoon751.
Photo: Tycoon751.

Glasgow-based plant specialists AB 2000 have been acquired by infrastructure specialists Quattro Group in a “multi-million pound” deal.

AB 2000 was established in 1995 and has a turnover of approximately £30 million.

The acquisition covers all trading divisions, namely: Ellon Plant Hire, Phoenix Weights and Phoenix Marine.

All of the existing members of staff will retain their roles with “no significant” changes to management while AB 2000’s Glasgow head office and two further regional depots will merge with Quattro’s nationwide depot network.

AB 2000 has around 450 items of plant, including mini excavators, concrete pumps and mobile cranes, which will now be added to Quattro’s fleet of around 450 machines.

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AB 2000 founder Adam Bruce will remain with the organisation as an advisor and CEO Jim Houston will become the managing director

Adam Bruce said: “At AB 2000 we have worked hard to succeed by hiring high-quality, experienced people focused on providing our customers with leading-edge equipment and an outstanding customer service experience and I am confident that John Murphy and his team will continue with these core values.”

Quattro managing director John Murphy added: “Our plan is to resolutely maintain the cornerstones of what has made AB 2000 such a success and are passionate about retaining the talent and experience within the business. Watch this space, it’s going to be an exciting time North of the border.”

The acquisition has been funded by RBS, with Rix & Kay and RSM Corporate Finance acting as advisors. AB 2000 and the selling shareholders were advised by Morton Fraser.

Read more: Rail Media and PLANTWORX launch new rail equipment trade show RAILWORX


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Electrification, traction power supplies and distribution networks

Peter Stanton undertook, between 1968 and 1972, a ‘thin sandwich’ degree course at City University, London, sponsored by British Railways Midlands Region and with practical training at Crewe and Willesden.

In 1980, following a spell as Area Maintenance Engineer at King’s Cross, Peter took on the interesting and challenging role of being the Personal Assistant to the British Railways Board Member for Engineering. As such, he was project manager for several major inter-regional inter-functional schemes.

Under Railtrack, Peter became Engineering Manager for Infrastructure Contracts, based in Birmingham, and then Electrification and Plant specialist for the West Coast Route Modernisation under Network Rail.

Since 2007, as an independent consultant, he has worked on the national electrification programme, Dubai Metro Red Line, Network Rail Crossrail, and Great Western Electrification. He sits on the Railway Technical Advisory panel of the IET and the Conference and Seminars Committee of the Railway Division of the IMechE.


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