Approximately 700 new boom and scissor lifts will enter the fleet, mostly replacing older units. Nationwide has more than 10,700 units in total, so the purchase programme represents a 6.5% renewal rate.
Since January 2012 Nationwide has spent £70m on more than 3000 new machines. Nationwide Platforms is the UK operating division of the publicly listed Lavendon Group.
The largest proportion of the 2014 spend is going on Genie boom and scissor lifts, with some new equipment from MEC and Haulotte also set to arrive before the autumn.
Around £3.5m will also be spent on truck- and van-mounted units for the specialist vehicle division. This will include platforms from manufacturers Bronto, CTE, Ruthmann and Versalift.
Managing director Jeremy Fish said: “At Nationwide Platforms we strive to deliver the industry’s most positive customer experience. Our latest investment further reflects our commitment to providing a leading hire fleet across our 26 UK locations.”