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.
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
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
Skyjack Inc., a world leader in the Aerial Work Platform Industry, is recruiting for a highly motivated Key Account Manager to grow our business with The CAT® Rental Stores via the CAT® allied vendor program....More
Skyjack, a world leader in scissor lifts, is looking for a Field Service Technician to join the team. The ideal candidate will live in the Kansas City, Oklahoma City, Topeka or Wichita areas or be willing to relocate....More