Herc Rentals buys again in Canada
07 October 2021
Herc Rentals has agreed to acquire Canadian rental company Rapid Equipment Rental Ltd, a business with seven locations and 110 employees operating in the greater Toronto area. The purchase price has not been disclosed.
Herc said the Toronto region is one of the largest rental markets in North America, with a potential market size exceeding US$1 billion, and that the deal supported its long-term strategy of seeking density and scale in selected urban markets across North America.
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