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Zigup

From Wikipedia, the free encyclopedia
(Redirected fromNorthgate plc)
British van rental company

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£1,833.1 million (2024)[1]
Decrease£193.8 million (2024)[1]
Decrease£125.0 million (2024)[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 inDarlington,County Durham with over 130,000 vehicles, mainlylight commercial vehicles. The company is listed on theLondon Stock Exchange and is a constituent of theFTSE 250 Index.

History

[edit]

Goode Durrant plc

[edit]

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 acquiredNorthgate Motor Holdings, a company established by Alan Noble in 1981 asNoble Self Drive inDarlington.[6]

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

Northgate plc

[edit]

In 1999, Goode Durrant plc was renamed into Northgate plc.[6] In 2002 the company acquired 40% ofFurgonetas 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 aschief executive in 2017.[10][11]

Redde Northgate plc

[edit]

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 aschief executive as part of the merger.[13]

Zigup Plc

[edit]

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

Operations

[edit]

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

[edit]
  1. ^abc"Annual Report 2024"(PDF).Zigup. Retrieved10 February 2025.
  2. ^"About us".Northgate. Retrieved10 April 2016.
  3. ^"Redde Northgate plc". Companies House. Retrieved11 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. ^ab"History". Nortgate plc. Archived fromthe original on 1 September 2006. Retrieved6 October 2017.
  7. ^"Goode Durrant buys rental group".fleetnews.co.uk. 12 September 1997. Retrieved6 October 2017.
  8. ^Brodie, Sophie (12 January 2005)."White van man gives Northgate 23pc rev-up".The Daily Telegraph. Retrieved27 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 fromthe original on 19 September 2018. Retrieved27 January 2023.
  11. ^Waller, Martin (20 September 2017)."Spain eases the pain of British slowdown".The Times. London. Retrieved27 January 2023.
  12. ^"Home – Redde Northgate plc".reddenorthgate.co.uk. Retrieved26 March 2021.
  13. ^Shabong, Yadarisa (29 November 2019)."Van hire firm Northgate to buy accident claims handler and ditch CEO". Reuters. Retrieved26 March 2021.
  14. ^"Redde Northgate Plc – Change of Name – Company Announcement – FT.com".markets.ft.com. Retrieved24 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. Retrieved26 March 2021.

External links

[edit]
Vehicle rental brands
Car rental
Carsharing
Recreational vehicles
Truck rental
Holding companies
Defunct
FTSE 100FTSE 250 companies of the United Kingdom →FTSE SmallCap


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