vp plc said late monday that it has concluded a formal sales process of the company and said none of the proposals offered would satisfactorily meet its objectives the uk equipmentrental company said it carefully reviewed a number of proposals with its advisers and concluded no proposal would deliver an outcome that would satisfactorily meet the interests of all stakeholders vp had launched the process on april 28 when it said ackers p investment co which is connected to chairman jeremy pilkington informed the board that it is looking to explore opportunities to sell its 5026 shareholding in the company the company said that ackers has indicated to the board it remains committed to vp and doesnt have any intention of selling their shares on the market for the foreseeable future we have strategic growth plans in place for all of our businesses and we intend to execute those plans and continue to deliver on our longterm track record of creating shareholder value chief executive neil stothard said