Latest news from Heavy Lift & Project Forwarding International Magazine

Bryn Thomas Crane Hire back in business

January 25 - The directors of Bryn Thomas Crane Hire are back in business operating from associated companies Bryn Thomas Cranes Ltd and Bryn Thomas Holdings Ltd.

The prepack deal set up by administrator BDO with the previous Bryn Thomas directors will save the jobs of all 46 staff at the UK crane hire company.

The new operating businesses will offer contractors nationwide crane hirer services from a fleet of 40 cranes ranging from from 8 tonnes to 500 tonnes.

Dermot Power, BDO business restructuring partner, said: "Bryn Thomas Crane Hire had incurred significant losses following the downturn in the construction sector and under utilisation of the fleet of cranes.

"These losses were increased by the high finance costs across the fleet.

"We are, however, pleased to have secured the sale of the company to Bryn Thomas Cranes and Bryn Thomas Holdings, ensuring all 46 jobs have been saved and providing customers with continuity of service."

The family-owned business originated in Flint North Wales but had grown rapidly in recent years to build a network of depots including Manchester, Liverpool, Plymouth and London.

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