Equipment hire giant Speedy Hire has made a multi-million-pound investment in Hilti technology and services, acquiring 25,000 assets as part of a new rolling five-year agreement.

The deal, covering over 60 product lines, is one of the largest tool technology investments in the hire company’s recent history and reinforces Speedy Hire’s commitment to delivering innovative, sustainable and productive solutions for customers across the construction, infrastructure, industrial and facilities management sectors, the firms say.

George Foster-Jones, Group Commercial Director at Speedy Hire, said:

This investment reflects our commitment to providing customers with the latest technology to support both productivity and sustainability goals. Through our investment in Hilti’s latest products, including its Nuron platform, they will benefit from improved performance, enhanced operational efficiency and valuable fleet insights. The agreement strengthens our commitment to delivering an industry-leading hire experience and supporting customers with smarter, lower-emission ways of working.”

A key part of the investment is Hilti’s Nuron cordless platform, which gives Speedy customers access to the advanced 22 volt single-platform battery-powered technology which allows operators to switch batteries seamlessly between tools, reduce downtime and simplify fleet management.

The manufacturer’s Fleet Management programme will see Hilti responsible for all service and repairs through its dedicated repair centre in Glasgow, maximising utilisation and optimising the performance of the tools and batteries.

Stewart Dowling, National Sales Director at Hilti, said:

This is a landmark agreement with Speedy Hire, who now operate one of the most advanced small tools fleet in the hire industry. Through Hilti Fleet Management we aim to reduce Speedy Hire’s operational costs while together delivering a superior customer experience to end users. Speedy Hire has a strong footprint with major contractors operating on large projects as well as great market penetration in key market segments. Coupled with our joint commitment to health and safety, circularity and sustainability, we are in a position to make a hugely positive difference to all customers.”

• Hilti is a finalist in the London Construction Awards, organised by elementalLONDON and London Build