This follows a recent £40m boost to its credit facilities from a consortium of lenders, bringing its total borrowing capacity to £307m.

The company, backed by private equity firm SCF Partners, has already acquired 20 businesses globally since 2017, with a notable acceleration in the past three years. Its latest acquisitions, costing £20m, include Althoff Crane Service, a US-based crane rental company serving the windfarm sector, and WestWater Enterprises, an Australian specialist in potable water treatment systems.

These purchases reflect Centurion’s strategic shift from a solely energy-focused rentals business to one serving multiple sectors, including renewables, infrastructure, and defence. The company has identified further acquisition opportunities across the UK, Australia, Canada, Europe, the Middle East, and the US.

Recently appointed CEO Euan Leask, formerly the firm’s Chief Financial Officer, expressed his enthusiasm for leading Centurion into its “exciting new chapter.” He highlighted the strong additions of Althoff and WestWater and emphasised the company’s strengthened financial position and readiness for future acquisitions. Leask replaced retiring CEO Fernando Assing on 1 February.