Herc makes acquisition in Canada
By Murray Pollok03 September 2021
Herc Rentals has expanded its entertainment rentals business with the acquisition of Canadian company Dwight Crane and its US sister business LRX LLC. The price has not been disclosed.
Dwight Crane is based in Ajax, Ontario and has rented aerial platforms, lighting and cranes to the Ontario film and TV sector for 40 years. LRX in Los Angeles supplies specialist lighting units used in the TV and film business.
The business will join Herc’s existing entertainment rental operations, including Herc Entertainment Services, Cinelease and Cinelease Studios.
Larry Silber, Herc’s President and CEO, said; “Like our existing North American entertainment equipment rental operations, Dwight Crane has developed an unmatched reputation for quality and expertise while serving one of the largest entertainment markets in North America.
“In addition, Dwight Crane brings industry-leading technologies that we look forward to introducing across our specialty entertainment rental network.
Silber said the acquisition reinforced Herc’s “long-term commitment to the growing entertainment segment”.