All Business & Finance Articles
Dr Chris masters, the former executive director of power rental leader Aggreko has joined Speedy Hire as a non-executive director, effective on 13 July.
Private equity firms 3i and Pragma Capital have invested €60 million in Loxam to acquire a minority stake in the French-based rental company.
Private equity firms 3i and Pragma Capital have invested €60 million in Loxam to acquire a minority stake in the French-based rental company.
The IRN100 survey covering the 2010/11 financial year indicates that global rental revenues were almost flat last year. Total top 100 company revenues were €23.49 billion last year, up just 1.2% on 2009 when corrected for currency variations.
Uni-corp, the Singapore-based manufacturer of Hoppt and Paclite light construction equipment, has opened a 60000 m2 production facility in Haimen, 200 km west of Shanghai.
The ERA/IRN RentalTracker survey covering the second quarter of 2011 is ready to complete and is again available in five languages - English, French, Spanish, Italian and German.
Lavendon Access Services, the UK arm of Lavendon Group, is inviting equipment suppliers to demonstrate their latest machines as it gears up to start renewing its fleet from 2012 onwards.
Cramo has acquired two well-known rental companies in Norway and Sweden: the Norwegian firm Stavdal Utleiesenter and Sweden's Tidermans Hyrmaskinerm including sister company Tidermans Hyrmec. The purchase prices have not been disclosed.
UK private equity company Horizon Acquisition has bought the US-based power rental company APR Energy for US$855 and said it will provide around $275 million to fund expansion.
Former owner of Godwin Pumps John Paz has made a return to the US rental market by joining aerial platform rental company Trico Lift as executive chairman of the board.
Two days after issuing a positive trading statement Aggreko has announced a further major contract win, to provide 100 MW of emergency power in Tanzania for 12 months.
Sunbelt Rentals the US arm of the Ashtead Group has bought the majority of the assets of US aerial platform rental specialist the HiReach based in Pennsylvania.
Ashtead Group said it is benefiting from "a structural shift to rental" in North America and is seeing improvements in utilisation rates and pricing.
International Construction's annual top-list of the world's largest construction equipment manufacturers, the iC Yellow Table 2011, is now available to buy.
Start-up company Northern Gulf Rentals will begin renting in southern Iraq before the end of the year using funds from US government development sources and private equity backers.
Australian heavy mining equipment renter Emeco is to invest A$165 million (€122 million) in the current year on new and used equipment as part of its organic growth strategy.
Vp plc, the UK equipment rental specialist, grew its revenues by 5% to £141.0 million for the year to 31 March 2011, with profits before tax, exceptional items and amortisation falling by 14% to £13.8 million.
Volvo Rents has acquired Sampson Equipment Company, a three location equipment rental company based in the Salt Lake City area of Utah, with stores in Murray, Ogden, and Draper.
UK rental company Hewden has announced a new two-year deal to supply powered access equipment to construction contractor Skanska in the UK.
Gérard Déprez calls for review of rental industry’s approach to profitability
Calculate the total cost of ownership and
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