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Tue May 11 2021

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Eagle boss buys out his brother

14 Dec 16 Eagle Plant Hire managing director Colin Inglis has taken sole ownership of the business after buying out the 50% share of his brother Alan.

Colin Inglis
Colin Inglis

The Glasgow-based equipment company has seen its turnover pass £2m for the first time in 2016, enabling it to buy 40,000 sq ft of additional yard space opposite the company’s premises in Dennistoun.

“Making the investment of buying the business outright is a demonstration of how confident I am in Eagle’s future,” said Colin Inglis. “I am very optimistic that 2017 will see a continuation of the solid and steady growth we have seen since my brother Alan and I bought the business together, back in 2005.

He said that he is expecting 30% turnover growth in 2017 after expanding the fleet.

“We are seeing sustained growth and demand for our equipment across all sectors. In 2016 we took delivery of our 50th excavator, and we intend to increase this by around 50% again in 2017 to support our groundworks, utility and civil engineering clients. We have also had a great response to our recent move into new areas, such as providing temporary traffic lights, traffic control signage and barriers. Existing customers are using us for this service and we are also attracting new customers.”

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