Ashtead Group (OTCMKTS:ASHTY) is a leading international equipment rental company operating primarily through its subsidiaries Sunbelt Rentals in the United States, A-Plant in the United Kingdom and Sunbelt Rentals Canada. Founded in 1947 and headquartered in London, the group provides a comprehensive range of tools and machinery to the construction, industrial, infrastructure, and events sectors. Its rental fleet spans earthmoving equipment, aerial work platforms, power generation, climate control systems, and specialized access solutions, enabling customers to optimize project timelines without the capital expenditure of ownership.
The company’s core service model focuses on the flexible, short- and long-term hire of equipment, backed by maintenance, technical support and logistics services. This turnkey approach includes on-site consultations, equipment delivery, operator training and rapid response repair teams. Ashtead Group also invests in digital platforms that allow customers to manage orders, track equipment utilization and forecast project needs through an online portal, enhancing efficiency and transparency across project lifecycles.
Geographically, Ashtead Group has built a broad presence across North America and the U.K., with over 1,500 rental locations serving urban centers and remote job sites alike. The company’s success in the U.S. market—where it operates under the Sunbelt Rentals banner—accounts for the majority of its operations, while its U.K. and Canadian divisions complement this footprint by offering regionally tailored services and local market expertise. This diversified geographical exposure helps mitigate cyclical demand fluctuations in individual markets.
Leadership at Ashtead Group is spearheaded by Chief Executive Officer Gordon Banham, who joined the board in 2017 and assumed the top role in 2019. Under his guidance, the group has pursued disciplined capital allocation, fleet modernization and digital innovation. The executive team combines deep industry experience with a commitment to safety, environmental stewardship and customer service, positioning Ashtead Group as a key partner for businesses seeking scalable, cost-effective equipment solutions.
