The first Ardale Core Plant & Tool Hire Centre will open in Clondalkin, with plans to roll out the service across five locations over the next 18 months.
Property business Ardale Group has invested €1m and created 15 new jobs with the launch of a new chain of Core Plant and Tool Hire Centres.
In addition to its initial capital outlay, Ardale has also indicated that it will seek to purchase independent plant hire companies in order to rapidly expand the new business.
“Establishing the new business alongside our existing merchant builders offer means that we can cater for the needs of a diverse customer base from building contractors to DIY enthusiasts in Leinster”
The group has also invested in extra warehouse space around its Clondalkin and Coolock depots to facilitate this expansion.
Rethinking and retrofitting
Establishing the new company complements the overall diversification of the Ardale Group beyond its property development arm, with the group also heavily investing in its builders’ merchants business.
Ardale’s most recent acquisition of KCR Builders Providers has further strengthened its foothold in the Dublin market.
Ardale recently reported a net profit of €4.9m for 2020.
“The launch of Core Plant & Tool Hire Centre reflects the growth in the construction sector due to the demand for new builds, retrofitting homes for energy purposes and renovation projects as homeowners rethink their needs due to remote working,” said Emma Maye, CEO of Ardale Property Group..
“Establishing the new business alongside our existing merchant builders offering means that we can cater for the needs of a diverse customer base from building contractors to DIY enthusiasts in Leinster, giving them the access to building materials and supplies, as well as tool and vehicle hire when and where they need them.”
