The money has been spent across multiple areas of the business, including the expansion of the hire fleet for accommodation and power, significant property developments, new plant and machinery, vehicles, and the acquisition of Rawley Plant Hire Limited.

Hire fleet accounted for the largest share of Wernick’s 2024 investment, with £70m allocated to significantly increase the number of rental assets across the Group’s core divisions. A key part of this investment also supported urgent Department for Education (DfE) requirements, delivering temporary classrooms for RAAC-affected schools, demonstrating Wernick’s agility and proven experience in public sector contracts.

A substantial portion of the fleet investment has focused on sustainable solutions, helping clients meet their net zero targets. This includes continued growth of the GreenSpace range of energy-efficient accommodation, as well as innovation within the temporary power division. Here, Wernick has invested in advanced battery storage and solar technologies designed to reduce fuel consumption and lower carbon emissions, strengthening both environmental performance and customer value.

Wernick’s long-standing strategy of owning all its freehold properties continues to pay dividends. Recent developments at sites in Dundee, Aldridge and Dunston have been completed successfully, with further projects underway in Langley Mill, Glasgow, Cannock, and Inverness. These investments ensure all operating companies benefit from industry-leading facilities and excellent working environments for its people.

Jonathan Wernick, Chief Executive Officer, said: “As a generational family business, we are focused on building a strong, sustainable future.

“This investment strategy reflects our confidence, our long-term vision, and our commitment to providing better solutions, facilities, and equipment – not only to maintain our position as a market leader, but to ensure we continue delivering the best for our clients and our people.”