Mergers & Acquisitions http://rermag.com/taxonomy/term/23781/more en H&E Equipment Services to Acquire Contractors Equipment Center in Colorado http://rermag.com/headline-news/he-equipment-services-acquire-contractors-equipment-center-colorado <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>H&E Equipment Services has entered into a definitive agreement to acquire Contractors Equipment Center, a non-residential construction-focused equipment rental company located in the greater Denver area. Under the terms of the agreement, H&E is expected to pay approximately $122.4 million in cash for CEC. </div> <p><a href="http://rermag.com/headline-news/he-equipment-services-acquire-contractors-equipment-center-colorado" target="_blank">read more</a></p> http://rermag.com/headline-news/he-equipment-services-acquire-contractors-equipment-center-colorado#comments Rental Companies Headline News Rental News Rer 100 Tue, 21 Nov 2017 19:31:00 +0000 92991 at http://rermag.com <p>H&amp;E Equipment Services&#39; Albuquerque, N.M., branch.</p> Photo by H&E Equipment Services Vp plc Acquires Brandon Hire Group in Major U.K. Consolidation http://rermag.com/international-news/vp-plc-acquires-brandon-hire-group-major-uk-consolidation <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Vp plc, a U.K.-based equipment rental company has acquired Brandon Hire Group and its subsidiaries for about £41.6 million, and assumed net debt of approximately £27.2 million. </div> <p><a href="http://rermag.com/international-news/vp-plc-acquires-brandon-hire-group-major-uk-consolidation" target="_blank">read more</a></p> http://rermag.com/international-news/vp-plc-acquires-brandon-hire-group-major-uk-consolidation#comments Rental Companies Headline News International News Rental News Fri, 10 Nov 2017 23:57:00 +0000 92761 at http://rermag.com <p>A JCB telehandler works on a jobsite rented by UK Forks, a division of Vp plc.</p> Morbark Acquires Rayco Manufacturing http://rermag.com/headline-news/morbark-acquires-rayco-manufacturing <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Morbark, LLC has completed the acquisition of Rayco Manufacturing Inc. This transaction represents the first addition since affiliates of the private equity firm Stellex Capital Management LP acquired Morbark in 2016. </div> <p><a href="http://rermag.com/headline-news/morbark-acquires-rayco-manufacturing" target="_blank">read more</a></p> http://rermag.com/headline-news/morbark-acquires-rayco-manufacturing#comments Manufacturers Headline News Mon, 06 Nov 2017 02:23:00 +0000 92661 at http://rermag.com <p>Morbark CEO Dave Herr.</p> NESCO Acquires Bethea Tool and Equipment, Expanding Product Portfolio http://rermag.com/headline-news/nesco-acquires-bethea-tool-and-equipment-expanding-product-portfolio <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>NESCO, a leading rental equipment and service provider for the utility, rail and communications industries, has acquired Bethea Tool and Equipment Co., a manufacturer of handline blocks, stringing blocks, bundle blocks and similar products used by electrical utilities and contractors worldwide for more than 50 years. </div> <p><a href="http://rermag.com/headline-news/nesco-acquires-bethea-tool-and-equipment-expanding-product-portfolio" target="_blank">read more</a></p> http://rermag.com/headline-news/nesco-acquires-bethea-tool-and-equipment-expanding-product-portfolio#comments Headline News Mergers & Acquisitions Rental News Thu, 02 Nov 2017 23:17:00 +0000 92611 at http://rermag.com <p>Lee Jacobson, left, CEO of NESCO, meets with Bobby Allen, president of Bethea Tool and Equipment.</p> Toromont Acquisition of Hewitt Finalized http://rermag.com/headline-news/toromont-acquisition-hewitt-finalized <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Toromont Industries Ltd. has completed its previously announced acquisition of the businesses and net operating assets of the Hewitt Group of companies, making Toromont one of the world’s largest <span class='keyword_link'><a href="http://rermag.com/search/results/Caterpillar?intlink=autlink" title="Read more about Caterpillar">Caterpillar</a></span> dealerships. </div> <p><a href="http://rermag.com/headline-news/toromont-acquisition-hewitt-finalized" target="_blank">read more</a></p> http://rermag.com/headline-news/toromont-acquisition-hewitt-finalized#comments Rental Companies Headline News Rental News Sat, 28 Oct 2017 19:39:00 +0000 92451 at http://rermag.com <p>Portion of Battlefield Equipment Rental&#39;s Brantford, Ontario, yard.</p> Photo by Michael Roth, RER Cummins Acquires Battery Pack Maker Brammo Inc. http://rermag.com/headline-news/cummins-acquires-battery-pack-maker-brammo-inc <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Cummins Inc. is acquiring the assets of Brammo Inc., which designs and develops battery packs for mobile and stationary applications. Adding Brammo's battery pack expertise and resources is an important milestone in Cummins efforts to become a global electrified power leader. </div> <p><a href="http://rermag.com/headline-news/cummins-acquires-battery-pack-maker-brammo-inc" target="_blank">read more</a></p> http://rermag.com/headline-news/cummins-acquires-battery-pack-maker-brammo-inc#comments Manufacturers Headline News Power Generation Sun, 22 Oct 2017 00:00:00 +0000 92291 at http://rermag.com <p>A Cummins engine in the factory.</p> Integration of Acquisitions Paying Dividends for United, Kneeland Says http://rermag.com/headline-news/integration-acquisitions-paying-dividends-united-kneeland-says <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div><span class='keyword_link'><a href="http://rermag.com/search/results/United%20Rentals?intlink=autlink" title="Read more about United Rentals">United Rentals</a></span> is tracking better than the $40 million of cost synergies the company projected for its acquisition of NES Rentals, CEO Michael Kneeland told an investor conference call this week. </div> <p><a href="http://rermag.com/headline-news/integration-acquisitions-paying-dividends-united-kneeland-says" target="_blank">read more</a></p> http://rermag.com/headline-news/integration-acquisitions-paying-dividends-united-kneeland-says#comments Headline News Mergers & Acquisitions Rental News Fri, 20 Oct 2017 22:24:00 +0000 92281 at http://rermag.com BrandSafway Acquires Offshore Coatings Provider Waveland Services http://rermag.com/headline-news/brandsafway-acquires-offshore-coatings-provider-waveland-services <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Brand Industrial Services, known as BrandSafway, has acquired Waveland Services, a national offshore coatings company for deep-site platforms in the Gulf and on the coast of California, effective today, Oct. 4. </div> <p><a href="http://rermag.com/headline-news/brandsafway-acquires-offshore-coatings-provider-waveland-services" target="_blank">read more</a></p> http://rermag.com/headline-news/brandsafway-acquires-offshore-coatings-provider-waveland-services#comments Headline News Mergers & Acquisitions Wed, 04 Oct 2017 21:27:00 +0000 91761 at http://rermag.com <p>A Safway scaffolding project.</p> United Rentals’ Acquisition of Neff Corp. Finalized http://rermag.com/headline-news/united-rentals-acquisition-neff-corp-finalized <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div><span class='keyword_link'><a href="http://rermag.com/search/results/United%20Rentals?intlink=autlink" title="Read more about United Rentals">United Rentals</a></span> has completed its acquisition of Neff Corp. for a total purchase price of approximately $1.3 billion. </div> <p><a href="http://rermag.com/headline-news/united-rentals-acquisition-neff-corp-finalized" target="_blank">read more</a></p> http://rermag.com/headline-news/united-rentals-acquisition-neff-corp-finalized#comments Rental Companies Headline News Rental News Tue, 03 Oct 2017 18:28:00 +0000 91741 at http://rermag.com <p>United Rentals looks forward to the synergies of its diverse fleet, particularly strong in aerial equipment and specialty offerings, with Neff&#39;s strength in earthmoving equipment.</p> Affiliate of Sun Capital Partners Acquires Ames Taping Tools http://rermag.com/headline-news/affiliate-sun-capital-partners-acquires-ames-taping-tools <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Sun Capital Partners, a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, announced that an affiliate has completed the acquisition of Ames Taping Tools, a leading rental provider of automatic taping and finishing tools, supplies and training to the professional drywall finishing industry. </div> <p><a href="http://rermag.com/headline-news/affiliate-sun-capital-partners-acquires-ames-taping-tools" target="_blank">read more</a></p> http://rermag.com/headline-news/affiliate-sun-capital-partners-acquires-ames-taping-tools#comments Rental Companies Headline News Rental News Fri, 29 Sep 2017 16:55:00 +0000 91691 at http://rermag.com <p>Ames Taping Tools has about 100 locations for rental and sale of automatic taping and finishing tools.</p>