All Mergers & acquisitions Articles
German rental company BauRent Baumaschinen Miet-Service is close to being sold by its Japanese owner Itochu Corp, IRN understands.
Kiloutou and Bergerat Monnoyeur have confirmed the sale of the BM Location rental business to Kiloutou. The deal only requires confirmation by the European competition authorities in Brussels.
Rental company, Lavendon Group head quartered in the UK has bought Blue Sky Access Ltd. Blue Sky designs and engineers products to improve efficiency and safety in the use of powered access equipment and has been working with Lavendon since 2008
US standby power specialist Generac Power Systems has acquired Magnum Products, the Wisconsin-based lighting tower and mobile generators manufacturer, for US$80 million.
Kiloutou is close to completing the acquisition of BM Location, the third largest general rental company in France and part of the Cat Rental Store network in Europe.
Compact Power Equipment Centers, the company that provides rental services at 280 Home Depot stores in the US, is to raise up to C$25 million by floating on the Toronto stock exchange in Canada.
The Danish Skako Group has sold its Falcon Lift division to the company's managing director Finn Schlitterlau and financial director Thyge Mikkelsen for an undisclosed sum. The new company will trade as trading as TCA (Tall Compact Aerial) Lift.
The Australian competition commission is reviewing Coates Hire’s proposed acquisition of Tru-Blu Hire, a rental company based in Perth, Western Australia with around 22 depots.
Hydrex Equipment (UK) has sold its self-drive equipment rental division, Görrel, to the Walters Group, a engineering company and plant hirer in Hirwaun, South Wales.
United Rentals is to acquire Ontario Laser Rentals, a Canadian company that rents trench safety equipment.
Swiss industrial group Sulzer has completed the acquisition of Cardo Flow Solutions, the Swedish group that owns the ABS, Pumpex and Scanpump brands.
Volvo Rents has acquired Valley Rental Centers, a two location equipment rental business based in Merced and Modesto, California. The locations are existing Volvo Rents franchises co-owned by Helder Garcia and Brian Silveria.
UK rental company AFI has strengthened its presence in South Wales by acquiring the powered access rental division of AJ Access Platforms Ltd. In the future the division will operate as A J Rentals.
Volvo Rents has acquired Contractors Equipment Rental (CER), a single depot rental company located in Orlando, Florida.
Ramirent is to acquire Hyrman i Lund AB in Sweden, a seven depot rental company with annual revenues of around €15 million and operating mainly in the Halland and Scania regions in the south of the country.
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.
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.
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.
Algeco Scotsman has acquired A1 Container, an accommodation rental company with operations in Austria, Hungary and Slovenia, three new countries for the company.
RSC Equipment Rental has agreed to buy New Jersey aerial platform rental company Independent Aerial Equipment (IAE) for an undisclosed sum. The acquisition includes the operations and “certain operating assets”.
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