tiprankstipranks
Trending News
More News >

HSS Hire Group Receives Clearance for Sale of Irish Division

Story Highlights
  • HSS Hire operates through two main businesses, focusing on digital marketplaces and equipment hire.
  • HSS Hire’s sale of its Irish division to Grafton Group has received regulatory clearance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

The latest update is out from HSS Hire ( (GB:HSS) ).

HSS Hire Group plc has announced that the Competition and Consumer Protection Commission in Ireland has granted unconditional clearance for Grafton Group plc to acquire HSS Hire Ireland Limited. The transaction is expected to be completed by the end of May 2025, marking a significant step in HSS’s strategic operations and potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (GB:HSS) stock is a Buy with a £13.00 price target. To see the full list of analyst forecasts on HSS Hire stock, see the GB:HSS Stock Forecast page.

More about HSS Hire

HSS Hire Group plc operates through two complementary businesses, HSS ProService and The Hire Services Company. HSS ProService is a leading digital marketplace focused on customer and supplier acquisition, offering a wide range of building services including hire, resale, materials, and training. The Hire Services Company provides tool and equipment hire and related services in the UK through a nationwide network, serving a predominantly B2B customer base across various markets. HSS is listed on the AIM Market of the London Stock Exchange.

Average Trading Volume: 903,773

Technical Sentiment Signal: Sell

Current Market Cap: £50.68M

See more insights into HSS stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App