In the beginning
Discussions commenced between the two companies in 1967 and on 16 May 1968 Hewden Stuart was born after a merger was agreed.
By Hewden Stuart's tenth anniversary year in 1978 they were reporting an £84m turnover with a £6.5m profit. In 1980, turnover exceeded £100m, making Hewden Stuart the first company of its kind to break this barrier.
In 1988 the group encompassed seven separate divisions with 210 depots, over 70,000 items of plant and over 3,000 employees. The group also invested £42m in expanding and modernising its fleets.
New owner, new outlook
The company continued to grow through acquisitions and in 1999 Hewden re-branded resulting in every division trading under one name: Hewden.
Also in 1999, Hewden held its first auction. Now the auctions are an annual event, as a platform to sell quality used equipment and re-invest in the rental fleet, reducing the average age profile of equipment. Attracting international buyers from across the globe, the Hewden Auction is now Europe's largest disposal of construction equipment, vehicles, cranes and associated items.
In 2001, Hewden accepted an offer to be acquired by Finning International Inc and became part of a highly successful international business.
During 2005/6, Hewden streamlined the business creating 'One Hewden' for their customers with one point of contact for all services from plant and tools to communications and events.
The 'One Hewden' strategy focussed on customer research results which confirmed the top customer requirements of availability, reliability and proactive contact. These criteria still remain core priorities today.
Need It? You Got It.
Hewden went through a number of changes to ensure alignment to its strategy: focusing on being a national provider of general construction plant and construction equipment, with a particular emphasis on Caterpillar and a select range of other complementary leading manufacturers. This resulted in the divestment of its tool hire business in 2007 and the hoist business in early 2008.
Today, Hewden is the market leader in the construction rental industry employing almost 1,400 rental professionals and leads its field in the provision of outstanding Environment, Health and Safety advice and best practices to all its stakeholder groups. As part of a global organisation, Hewden is continuing to forge ahead and is working effectively to leverage its strengths across the business to deliver outstanding customer solutions across a wide range of industry sectors.
An affiliate of Sun capital partners since 2010
An affiliate of Sun Capital Partners Inc acquired the company in 2010. Sun Capital Partners Inc are a leading U.S.–based investment firm focused on investments in market–leading companies that can benefit from its in–house operating professionals and experience. Sun Capital affiliates have invested in and managed more than 215 companies worldwide since Sun Capital’s inception in 1995, with combined sales in excess of £19 billion (US $37 billion).
Since 2010 we have invested over £30m in the Hewden fleet in addition to a new Microsoft AX ERP system that went live in 2012.
2013- The Hewden Core Fleet
2013 saw the introduction of the Hewden Core Fleet; an industry first customer proposition. Choosing the 30 most
hired Plant & Access products defined by customers, with guaranteed Next Day Delivery (or £100 credit), Hewden created a hassle free hire service to meet customer needs.
Hewden ended 2013 strongly by investing £61m in growing its fleet, transport vehicles and depot network. 947 new pieces of equipment started to arrive into the business from the start of 2014 including Dumpers, Telehandlers, Excavators, Scissor Lifts & Booms all helping to strengthen the Core Fleet Proposition. Hewden also took delivery of 14 new Tadano cranes up to 130t and new accommodation units increasing the product range in all their key product categories.
Mid 2014 saw Hewden expanded the Core Fleet into two new areas: Accommodation and Cranes. Standardised ranges have meant shorter lead times, set delivery charges and a guarantee to customers making Hewden easy to do business with.