CPH, a Co Cork construction services firm, has been acquired by British company Vp PLC in a deal worth over €33 million. In business for 35 years, CPH is a plant and tool hire company with fleets of heavy-duty equipment like diggers, telehandlers and powered access lifts. The deal sees London-listed Vp, another equipment rental business, pay an initial cash consideration of €12.1 million with a further €21.7 million to be paid over a three-year period depending on Ebitda targets. CPH’s senior management of James Dundon and Martin Hanley, the directors of the company, will retain a small minority interest…

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