Hireco to invest £14m this year in new lorries as company launches lorry rental service



Hireco, the Northern Ireland based company which provides a full rental, leasing and 24/7 breakdown service for trucks and trailers across the UK and Ireland is delighted to announce an investment of £2.3 Million in 30 new Mercedes lorries. The investment comes after the company invested more than £25 Million over the past 12 months on hundreds of new trailers.

This year alone, the company plans to invest close to a further £12 Million in new trucks, bringing its overall investment in trucks in this financial year to £14Million. Sam O’Prey says these are exciting times, where Hireco is rapidly expanding into the truck rental market, whilst simultaneously hugely investing in its fleet of trailers.

“We recently announced the purchase of 1600 new trailers, culminating in a total investment of £20 million over the past year. Our success has been down to the quality of service we provide to our customers, and always being prepared to go the extra mile. As a result, those same customers are asking us to extend our trailer rental service to include truck rental, and we are delighted to announce that we are taking their suggestions forward on a large scale. Add all of that a further new announcement which we are preparing to bring forward in the coming months, and the company clearly has big ambitions.”

The company, which now employs over 100 people across the UK and Ireland, with depots in London, Manchester, Reading, Belfast and Dublin, was set up 30 years ago, and has more than 5,000 vehicles on the road across the UK and Ireland. Hireco rents trucks and trailers to industry leading transport and logistics companies including Wincanton and DHL, as well as Norbert Dentressangle and Asda. Hireco also provide transport companies with long term fixed price servicing and breakdown cover from its 24/7 service centre located in Belfast.

Established in Dublin, Hireco now has seven outlets throughout the UK and Ireland supplying premium equipment for contract hire and rental. Hireco has grown by redefining articulated rental, providing high quality equipment while introducing pioneering concepts in customer service.

An established market leader, Hireco places customer requirements at the core of its operation. The continual fleet and lorry investment means Hireco has an unrivalled rental offering.