DLH Lifting Services owner/director Terry Humphries sold a minority stake in his business – more than 25% but less than 50% – to Reds10 Modular in December.
A Reds10 Modular spokesperson said: "Reds10 Modular Limited and DLH Lifting Services have enjoyed a strong and trusted partnership for a decade. Our recent investment in DLH Lifting Services reflects our commitment to supporting their growth ambitions and enhancing their capabilities. DLH has been a valued long-term partner, and we are excited about this next stage in our collaboration, which will allow both businesses to continue delivering excellence in our respective fields.â€
The investment has helped the crane hire company add two new Liebherr all-terrain machines to its fleet, taking delivery of a 60-tonne LTM 1060-3.1 at the end of 2024 and a flagship 230-tonne rated LTM 1230-5.1 this month.
Terry Humphreys said that the purchase of the LTM 1230-5.1 was “an easy decision to make as we were looking to phase out our LTM 1200-5.1â€.
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