| Zigup plc | |
| Type: | Public |
| Foundation: | entity) 2020 (Redde Northgate) |
| Location: | Darlington, County Durham, England, United Kingdom |
| Industry: | Vehicle rental |
| Revenue: | £1,489.7 million (2023)[1] |
| Operating Income: | £199.5 million (2023) |
| Net Income: | £139.2 million (2023) |
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.
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]
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]
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]
In 2024, Redde Northgate plc announced a change of name to become Zigup plc.[14] [15]
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]