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Zigup

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Zigup plc
Formerly
  • Goode Durrant & Murray,
  • Northgate plc,
  • Redde Northgate plc
Company typePublic
IndustryVehicle rental
Founded
  • 2 July 1897; 127 years ago (1897-07-02) (the legal entity)
  • 1981 (the Northgate business)
entity)
2020 (Redde Northgate)
HeadquartersDarlington, County Durham, England, United Kingdom
Key people
RevenueIncrease £1,489.7 million (2023)[1]
Increase £199.5 million (2023)[1]
Increase £139.2 million (2023)[1]
Websitewww.zigup.com

Zigup plc is a large commercial vehicle rental provider and of accident management and repair services, 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.

History

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Goode Durrant plc

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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

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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

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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]

Zigup Plc

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In 2024, Redde Northgate plc announced a change of name to become Zigup plc.[14][15]

Operations

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The Company offers vehicle rental, fleet management, electric charging installation, vehicle disposal, vehicle ancillary services, replacement vehicle, repairs, incident & claims management, vehicle data and EV fleet consulting.[16]

References

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  1. ^ a b c "Annual Report 2023" (PDF). Redde Northgate. Retrieved 13 February 2024.
  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. ^ a b "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". Reuters (Press release). 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. ^ "Redde Northgate Plc - Change of Name – Company Announcement - FT.com". markets.ft.com. Retrieved 24 May 2024.
  15. ^ Bird, Alice (15 May 2024). "Redde Northgate to sign off name change after "positive" year".
  16. ^ "Our Businesses - Redde Northgate plc". reddenorthgate.co.uk. Retrieved 26 March 2021.
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