Redde Northgate

Redde Northgate plc is a large commercial vehicle rental provider and of accident management and repair services since its merger with Redde in 2020, operating in the UK, Ireland and Spain.[2] It is headquartered in Darlington, County Durham with over 130,000 vehicles, mainly light commercial vehicles. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Redde Northgate plc
Formerly
  • Goode Durrant & Murray,
  • Northgate plc
TypePublic
IndustryVehicle rental
Founded
  • 2 July 1897 (1897-07-02) (the legal entity)
  • 1981 (the Northgate business)
entity)
2020 (Redde Northgate)
HeadquartersDarlington, County Durham, England, United Kingdom
Key people
RevenueIncrease £1,243.6 million (2022)[1]
Increase £146.5 million (2022)[1]
Increase £101.5 million (2022)[1]
Websitereddenorthgate.co.uk

History

Goode Durrant plc

Goode Durrant plc was incorporated on 2 July 1897.[3]

In January 1987, Goode Durrant & Murray Group plc was acquired by an Australia-listed company Ariadne Australia via its Hong Kong-listed company Impala Pacific, which renamed the UK company to Goode Durrant plc.[4][5]

In July 1987, Goode Durrant acquired Northgate Motor Holdings, a company established by Alan Noble in 1981 as Noble Self Drive in Darlington.[6]

In 1997, Goode Durrant bought Transport Development Group (TDG) Vehicle Rental.[7]

Northgate plc

In 1999, Goode Durrant plc was renamed into Northgate plc.[6] In 2002 the Company acquired 40% of Furgonetas de Alquiler SA, a Spanish vehicle rental business, and subsequently exercised an option to buy the remainder.[8] In 2005, Arriva sold its UK-wide vehicle rental business to Northgate for £129 million.[9]

Kevin Bradshaw replaced Bob Contreras as chief executive in 2017.[10][11]

Redde Northgate plc

In 2020, Northgate plc merged with Redde plc, a provider of replacement vehicle, incident and accident management services, to form Redde Northgate plc.[12]

Martin Ward replaced Kevin Bradshaw as chief executive as part of the merger.[13]

Operations

The Company offers vehicle rental, electric charging installation, vehicle disposal, vehicle ancillary services, replacement vehicle, repairs, incident & claims management, vehicle data and EV fleet consulting.[14]

References
  1. "Annual Report 2022" (PDF). Redde Northgate. Retrieved 17 February 2023.
  2. "About us". Northgate. Retrieved 10 April 2016.
  3. "Redde Northgate plc". Companies House. Retrieved 11 April 2021.
  4. "怡勝太平洋昨日宣佈獲英一公司逾半股權". Ta Kung Pao (in Chinese). Hong Kong. 21 January 1987. p. 9 – via Hong Kong Public Libraries.
  5. 1985–86 Annual Report. Goode Durrant PLC. 10 July 1987 – via Companies House.
  6. "History". Nortgate plc. Archived from the original on 1 September 2006. Retrieved 6 October 2017.
  7. "Goode Durrant buys rental group". fleetnews.co.uk. 12 September 1997. Retrieved 6 October 2017.
  8. Brodie, Sophie (12 January 2005). "White van man gives Northgate 23pc rev-up". telegraph.co.uk. Retrieved 27 January 2023.
  9. Kennedy, Simon (31 January 2006). "Northgate to buy Arriva Vehicle Rental for GBP129.3M". MarketWatch.
  10. "Northgate CEO Bob Contreras to step down" (Press release). Reuters. 6 December 2016. Archived from the original on 19 September 2018. Retrieved 27 January 2023.
  11. Waller, Martin (20 September 2017). "Spain eases the pain of British slowdown". The Times. UK. Retrieved 27 January 2023.
  12. "Home - Redde Northgate plc". reddenorthgate.co.uk. Retrieved 26 March 2021.
  13. Shabong, Yadarisa (29 November 2019). "Van hire firm Northgate to buy accident claims handler and ditch CEO". Reuters. Retrieved 26 March 2021.
  14. "Our Businesses - Redde Northgate plc". reddenorthgate.co.uk. Retrieved 26 March 2021.


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