HSS Limerick, now to become ChadwicksGrafton Group has agreed to acquire the entire issued share capital of HSS Hire Ireland Limited from HSS Hire Group for €31.6m (c. £26m) on a cash and debt free basis. HSS Hire Ireland is a tool and equipment hire specialist operating from four branches and four customer distribution centres in the Republic of Ireland, offering an extensive range of conventional hire products as well as specialist equipment with a particular focus on powered access. Grafton plans to operate the HSS Hire Ireland business as part of Chadwicks, its distribution business in the Republic of Ireland. HSS Hire Ireland generated revenue of £27m last year and adjusted unaudited Ebita of £3.9m. For HSS, the sale follows the restructuring of the group last year into two separate entities, HSS ProService (Pro) and HSS The Hire Service Company (THSC), as standalone businesses under separate leadership teams.