Mergers & Acquisitions

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Hugg & Hall Equipment Acquires Oklahoma Dealership Westquip

Hugg & Hall Equipment Co., one of the largest material handling rental and sales companies in the Midwest and Mid-South, has acquired Westquip Inc., an Oklahoma City-based full-line material handling dealership.

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Jun. 10, 2013

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Delta Rigging & Tools Acquires Offshore Rental Specialist Morgan City Rentals

Delta Rigging & Tools, one of the largest providers of lifting and rigging products and related services in the United States, has acquired Morgan City Rentals, a Morgan City, La.-based provider of offshore equipment rental and rigging supply in the Gulf of Mexico....More
May 28, 2013

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Texas Case Dealer ASCO Acquires Hi-Way Equipment

Associated Supply Co., known popularly as ASCO, has acquired Houston-based heavy equipment dealer Hi-Way Equipment Co. The deal solidifies Lubbock, Texas-based ASCO as one of the largest construction equipment dealers in the United States, and brings the company eight new Case Construction Equipment locations in Texas. Terms of the transaction were not disclosed....More
May 24, 2013

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Komatsu America Acquires Distributor Midlantic Machinery

Komatsu America Corp. has acquired Midlantic Machinery, a former RER 100 company that is a Komatsu construction and mining equipment distributor. The acquisition by Komatsu America is part of a strategic reinforcement of its distributor network. Both Midlantic and Komatsu America anticipate continued growth in its territory. The company, based in Hatfield, Pa., also has branches in Harrisburg and Wilkes-Barre, Pa.; Baltimore; and a newly opened facility in Frackville, Pa....More
May 17, 2013

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National Trench Safety Acquires Dallas-Based Traffic Safety Specialist

National Trench Safety, a Houston-based company specializing in the rental and sales of trench and traffic safety equipment, as well as OSHA-compliant training classes, has acquired certain operating assets of Ennis Traffic Safety Center One Stop retail operation in Dallas. ...More
May 15, 2013

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U.K.’s A-Plant Acquires Temporary Access Provider Eve Trakway

A-Plant, one of the U.K.’s largest equipment rental companies, has acquired the entire share capital of temporary access specialist Eve Trakway, which will continue to trade under the same brand and operate as a separate division of A-Plant. A-Plant is a subsidiary of Ashtead plc, which also owns Sunbelt Rentals, the second-largest rental company in the United States....More
Apr. 26, 2013

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Nova Scotia Komatsu Dealership Acquired by Local Investors

Wilson Equipment, a Komatsu construction, mining and forestry equipment dealership in Truro, N.S., Canada, was acquired by a group of about 30 investors, the Truro Daily News is reporting. Jim Wilson, one of the investors — not related to the Wilson family that founded the company — will take over as president and chief operating office overseeing day-to-day operations. Wilson said the majority of the investors are from the province. Former owners Ralph and Peter Fahey, will continue with the operation, which also includes equipment rental....More
Apr. 24, 2013

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TNT Crane Acquires Two Companies; Names New President

TNT Crane & Rigging has acquired the assets of TSD Crane & Rigging and Greenergy Construction & Maintenance LLC. The transaction extends TNT’s footprint into the Permian Basin, the oil and gas exploration area in west Texas and southeast New Mexico, as well as the Texas Panhandle region and up into Kansas. The acquisition gives TNT new branches in Odessa and Canadian, Texas....More
Apr. 24, 2013

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Atlas Copco Completes Acquisition of Rapid-Torc

Atlas Copco has closed the acquisition of the business of U.S-based Rapid-Torc, which develops and markets hydraulic torque wrenches. The acquisition broadens Atlas Copco’s product range and will extend its expertise to new customers. Rapid-Torc, with offices in Houston, and Brussels, Belgium, has about 30 employees and had revenues in 2012 of $11 million. The company is specialized in hydraulic torque wrenches and also supplies bolt tensioners and related accessories for high-torque applications....More
Apr. 19, 2013

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Michigan Rental Acquires Michigan-Based Titan Equipment

Michigan Rental LLC, owned by the Indianapolis-based MacAllister family who are sole owners of Caterpillar dealerships in Indiana and Michigan, has acquired the assets of Cedar Rapids, Mich.-based Titan Equipment. With five facilities across the state, Titan was established in 2006 and operates industrial rental locations in Byron Center, Lansing, Midland, Traverse City and Wixom, Mich....More
Apr. 12, 2013

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Atlas Copco Acquires U.S. Compressor Distributor in Illinois

Atlas Copco’s U.S.-based Quincy Compressor LLC has agreed to acquire National Pump & Compressor’s air compressor business in the state of Illinois. Quincy will open a new company store that will serve as a base for the sale and servicing of Quincy’s products in the Illinois region. The business being purchased has distributed Quincy products for more than 60 years....More