Three-year extension to existing deal will take contract to 2016

Plant hire firm Speedy Hire has signed a three-year extension to its existing preferred supplier agreement with Carillion, worth £50m over the next four years.

The deal means Speedy will supply Carillion with plant equipment at its UK operations until 2016.

Steve Corcoran, chief executive of Speedy Hire, said: “I am delighted that we continue to develop our relationship with Carillion, one of the UK’s largest construction and support services companies.

“This new agreement is another important step in our growth in our key markets of water, waste, energy and transport, all of which are undertaking major new infrastructure projects in the UK.”