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Speedy Hire wins Amey contract

20 June 2024

Speedy Hire wins Amey contract

Speedy Hire has announced that it has secured a major new core hire and solutions contract with Amey Group Services Ltd.

The long-term contract, for revenue of up to £25m per annum, is due to mobilise during the second half of Speedy’s financial year subject to a transition period to allow for a seamless integration.

The news comes shortly after HSS Hire announced that Amey had ended its contract early with the company following a re-tender process.

Amey says it selected Speedy due to its sustainability credentials and wide range of commercially sustainable eco-products, aligning with Amey's own ESG framework to deliver sustainable infrastructure solutions.

As part of the agreement, Speedy will provide non-operated plant hire to Amey's operations on a range of sector contracts including rail, highways and public estates, a significant proportion of which consists of eco-friendly products, including H-Power Generators from Speedy Hydrogen Solutions and battery storage units from Green Power Hire.

Dan Evans, Speedy Chief Executive, said: "We are delighted to commence our relationship with Amey, by securing this new contract which is testament to our leadership position in our sector, along with our ability to service major customers with commercially sustainable products and services."

John Faulkner, Chief Operating Officer at Amey, commented: "We are delighted to enter a new partnership with Speedy Hire as a trusted provider of the sustainable products and services we require that play an important part in meeting our sustainability targets.

“This new contract signifies a strategic alliance between Amey and Speedy Hire in our common goals to play a critical role in protecting the natural environment while accelerating the UK's transition to Net Zero."


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