A day after announcing its acquisition of the off-highway hauler business from Terex Corp., the Volvo Group has agreed to sell Volvo Rents to United States private equity firm Platinum Equity for approximately SEK 7.2 billion (about U.S. $1.104 billion). At closing, net financial debt in the Volvo Group’s Industrial Operation is expected to be reduced by the same amount. The sale is part of Volvo’s strategic effort to focus on the core business.
Funds managed by affiliates of Apollo Global Management have signed definitive agreements to acquire AmQuip Crane Rental and Maxim Crane Works, two of the largest crane rental companies in North America....More
Hong Kong-based investment firm Bravia Capital has acquired a stake in Rent Alpha Private Limited, an Indian equipment rental and leasing company, for an undisclosed amount, according to an announcement from Bravia....More
Durante Rentals has acquired Quality Rent All, Carmel, N.Y., now the company’s fifth rental center and third location outside of the five boroughs of New York. Durante has branches in the Bronx, Queens, Mt. Vernon and Elmsford, N.Y....More
Imperial Crane Services has acquired Speedway Crane, based in Joliet, Ill., enabling Imperial, headquartered in Bridgeview, Ill., with branches in Indiana and Texas, to accelerate its expansion into the Joliet, Ill., corridor....More
New for 2016: Ebac Industrial Products RM4500-H and RF3500 newly expanded eco-friendly and rotomolded lines. RM4500 and RM85-H now available. Visit www.ebacusa.com to see our extensive range of products.
Ebac Industrial Products Inc.
East Coast Office
700 Thimble Shoals Blvd., Suite 109
Newport News, VA 23606-2575
Skyjack Inc., a leader in the Aerial Equipment Industry, is recruiting a Territory Sales Manager to manage the Rocky Mountain Territory, which includes Arizona, Colorado, New Mexico, Utah & Wyoming....More
JLG is currently hiring for a range of positions, including Director, Used Equipment Operations - Aftermarket; Pricing & Procurement Manager - Used Equipment; District Manager Sales - Mid-western States; and District Manager Sales - Montana & Canada....More
Acme Lift Co., the world’s largest strictly wholesale rental company specializing in the latest, largest Genie and JLG aerial work platforms and telehandlers is expanding our fleet offering by adding large air compressors and has an immediate opening for a Rental Coordinator, Air Specialist at the company’s headquarters in Mesa, Ariz....More