Hercules sells suction excavator division for £2.4m

Labour supply specialist Hercules Site Services has sold its suction excavator business for £2.4m.
The deal sees its 30-strong fleet of trucks sold to commercial vehicles dealer SNC Holdings (NW) Limited.
Hercules started looking for a buyer last month after the suction excavator division caused a loss at the £100m turnover business in its latest results.Hercules said the sale “will materially reduce the company’s debt and lease liabilities by approximately £9m imme