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Atlas Copco-RSC a Done Deal

Sep 1, 1999 12:00 PM
RENTAL EQUIPMENT REGISTER STAFF

SCOTTSDALE, Ariz. - Atlas Copco completed its acquisition of Rental Service Corp. the last week in July, officially ending a wild, sometimes turbulent, eight months for North America's No. 3 rental company.

RSC was poised to merge with NationsRent earlier this year before United Rentals stepped in with a hostile offer. Swedish equipment manufacturer Atlas Copco, which also owns Prime Service, No. 4 on the RER 100, then outbid United by offering $1.63 billion in cash and assumed debt for the Scottsdale, Ariz.-based company.

Atlas Copco now controls more than 400 rental outlets that generate close to $800 million in equipment rental revenue.

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© 2012 Penton Media Inc.

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