ASHGY

About ASHGY

Ashtead Group plc Sponsored ADR represents shares in Ashtead Group plc, a British industrial equipment rental company founded in 1947 and headquartered in London. The company operates internationally through its primary brand, Sunbelt Rentals, providing a broad range of construction, industrial, general, and specialty equipment rentals to a diverse customer base exceeding 900,000 clients. Its national networks span North America—with over 1,400 stores across the US and Canada generating the majority of revenue—and the UK with approximately 186 locations, supporting applications from lifting and powering to digging, pumping, and climate control. Notable features include segmented operations in General Tool (59% of revenue), Specialty (33%), and UK businesses (8%), backed by more than 1 million rental assets and 25,000 employees. Ashtead Group plc plays a significant role in the equipment rental market by offering a reliable ownership alternative, capitalizing on structural shifts toward renting in construction, maintenance, repair, operations (MRO), events, and emergency response sectors, while emphasizing scalability through market clustering and bolt-on expansions.