All General Articles

Lavendon Group is to close its Spanish rental operation in the second half of this year because of the poor long-term outlook for the market.

Deal will expand current power portfolio and increase presence in emerging markets

Wacker Neuson has appointed a former Robert Bosch executive Cem Peksaglam as its new chief executive officer, succeeding Dr Georg Sick who left the company last September to join Mecalac of France as chief executive.

The ERA/IRN Rental Tracker survey for the second quarter of 2011 reveals continued uncertainty in rental markets in the UK and Italy in contrast to more positive environments in France, the Nordic region and Benelux.

Former Oil & Steel executive Paolo Balugani and three other investors have formed Sky Aces srl, a manufacturer that will focus on producing special platforms for niche applications such as tunnels.

US operated access rental and sales company Shanghai Universal Equipment Co is playing a key role in developing access rental in China.

German Caterpillar dealer Zeppelin has created a separate business unit for all its rental operations, pooling the rental activities of MVS Zeppelin in Germany and Austria with those of Zeppelin subsidiaries in Russia, Slovakia and the Czech Republic.

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.

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.

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.

Rental industry 'a partner to the Japanese people' following disaster.

Online auctioneer forecasts increased 2011 sales as buying used equipment online “becoming the norm”

Handing over ceremony for 225 machines takes place at IRE in Amsterdam

Senior industry figures optimistic on rental market prospects but call for cultural change