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Swepac, the Swedish plate compactor manufacturer, has been sold to South End AB, a company that has holdings in a number of small engineering businesses in Sweden.
Crisis continues as a drop of 22.4% reported for the first three months of the year
The American Rental Association has revised upwards by nearly 2% its growth forecasts for the North American rental industry this year.
German rental company HKL Baumaschinen is moving into Austria with the first of three new sites to open at the start of June. The first location, at Weiner Neudorf, close to Vienna in the east of the country, will also be HKL’s Austrian headquarters.
Speedy Hire returned to profit for the year ended 31 March 2012 with earning before tax of £12.4 million compared to a loss of £0.7 million in the previous year.
After robust first half, US manufacturer expects to see +20% higher construction and forestry equipment sales in fiscal 2012
Deal with Texada expands Chinese equipment manufacturer’s presence in US market
At an open day held at Towcester racecourse, UK manufacturer Niftylift demonstated two new machines: the prototype of a 28m HR28 Hybrid and a new low weight 15m diesel HR15D.
The European Rental Association (ERA) has revised downwards its growth forecasts for Europe’s equipment rental industry in the face of continued economic uncertainty in the Eurozone area.
HSS Hire has engaged financial advisers to conduct a strategic review of its options, signalling the possible sale of the business.
UK subsidiary of French group clocks up more than 46000 machine unit sales as it prepares to celebrate anniversary years
A bankruptcy court in the US has granted Ahern Rentals a further 120 days in which to prepare a restructuring plan as part of the Chapter 11 process. The deadline was expended from late April until 20 August.
Official data from ONS shows strong first quarter contraction, but RICS survey returned more upbeat results
Romanian rental company Industrial Access has added the first JLG self-propelled telescopic boom lift to be made in Romania to its fleet of 800 units.
German manufacturer confirms its forecast for 2012 after a healthy start to the year.
Caterpillar is to sell a 65% stake in its third-party logistics division to US-based Platinum Equity for US$750 million.
Boels Rentals in the Netherlands has confirmed two more rental acquisitions in Europe. One is of a small rental business in Belgium, Loca-System, and the second is of German company Techno-rent Service, which small equipment from 450 ‘store-in-store’ rental points at builders merchants and DIY stores in Germany and other countries.
Work on World Cup and Olympic projects in Brazil is “intensifying” according to Mills Estruturas e Serviços de Engenharia SA, the formwork, scaffolding and aerial platform rental company.
Winner of the European Rental Awards will be announced during at the awards dinner in Oslo, Norway on Tuesday 15 May during the European Rental Association’s annual convention.
The president of the Brazilian rental association ALEC, Marco Aurélio da Cunha, will give a presentation on the Brazilian rental market at the upcoming M&T Expo exhibition.
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