Selected Recent M&A Activity Headlines
In Q1 20 18, the equipment rental and leasing segment saw a handful of strategic transactions. Notable transactions include:
H&E Equipment Services, Inc. acquired Rental Inc. for approximately $69 million, which included five branches located throughout Alabama and Florida, and a rental fleet size of approximately $36 million.
United Rentals, Inc. acquired the assets of Industrial Rental Services, LLC, which reinforces United’s commitment to the growing demand of industrial safety and expands the company’s tool solutions specialty rental fleet with products such as isolation blinds and communication systems.
Aggreko plc created a power rental joint venture in China through the acquisition of 21.5% of Shanghai Yude, as a part of the company’s long-term strategy to expand in China with a local partner. One month later, Aggreko further strengthened its position as the leading provider of specialty power solutions by acquiring A Contact Electric Rentals.
Cramo Oyj accelerated its growth in Germany by acquiring construction site logistics company KBS Infra GmbH, as a part of the company’s strategy to strengthen its business in Central Europe and expand value added services offerings.
To review the full report please download, “Equipment Rental M&A – Q1 2018”