All Mergers & acquisitions Articles
Ramirent’s Danish subsidiary Ramirent A/S has agreed to buy Jydsk Materiel Udlejning (JMU), a small rental company located in West Jutland. The acquisition will add revenues of around €1.5 million and two depots to its Danish operation.
Cramo has completed its acquisition of German rental company Theisen Baumaschinen.
Australian rental company Onsite Rental Group acquired Western Australia-based Statewide Equipment Hire in December for A$70 million (€51 million).
Brazilian rental company Mills Estruturas e Serviços de Engenharia S.A. (Mills) is acquiring a 25% share of Rohr Estrutura Tubulares, one of its competitors, for R$90 million (€40 million).
US aerial lift company, Trico Lift, has finalized the asset purchase agreement with Modern Group
Ashtead Group and TVH will not make any further offer to acquire Lavendon Group.
Belgian parts specialist TVH Services has been given until 5.00pm on 8 February to announce a firm intention to make an offer for Lavendon Group.
Ashtead Group’s US business, Sunbelt Rentals, has acquired Louisiana scaffold contractor Empire Scaffold for US$38 million in cash, plus $1.5 million to be paid in August depending on profits.
Cramo has acquired Theisen Baumaschinen, one of Germany's largest equipment rental companies, giving it a significant share of the German rental market as well as rental businesses in Austria, Switzerland and Hungary.
Hertz Equipment Rental Corporation (HERC) has acquired Forces Inc, a US$6 million revenue power rental company based close to Chicago, US.
NES Rentals one of the largest US aerial equipment rental providers has completed its purchase of Ballard Equipment in Chattanooga, Tennessee. Ballard Equipment has 12 employees and 300 pieces of equipment.
Hertz has acquired 24/7 Studio Equipment, a California equipment rental company that rents aerial platforms, forklifts, generators and lighting towers to the film and television industry. The price was not disclosed.
Air Products has made what it calls its “best and final offer” of US$70.00 per share to acquire Airgas, the owner of Red-D-Arc welder rentals.
Aggreko has acquired Northland Power Services, a power rental company that services oil and gas companies in the Rocky Mountain region of the US. The price is US$26 million.
Lavendon rejects second approach from Belgian parts specialist TVH Services, the principle holding company of Group Thermote & Vanhalst.
National Hire buys Sykes GroupNational Hire Group, part-owner of Coates Hire, is to acquire the Australian pump manufacturer Sykes Group for A$50 million (€36 million).
Hertz Equipment Rental Corporation (HERC) has acquired one of Hawaii’s biggest rental companies, Western Machinery. Western was founded in 1985 and operates on three Hawaiian islands; Oahu, Hawaii and Maui.
Cramo and Nordic contractor Peab have strengthened their cooperation with two new agreements. In Sweden, Cramo is selling its operated plant business to Peab and in Finland, Cramo will buy most of the rental fleet of Peab’s Finnish rental subsidiary, Lambertsson Oy.
Algeco Scotsman, the global portable accommodation rental company, has acquired Yvelinoise, a modular space renter in the west of Paris, and also 2000 mobile storage units from Cabin Centre in the UK.
Mateco has acquired TOP LIFT Arbeitsbühnen, a rental company with 220 aerial platforms based in Aschheim, near Munich.
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