Mergers & Acquisitions http://rermag.com/taxonomy/term/23781/more en Ritchie Bros. Obtains U.S. DOJ Antitrust Clearance in Pending IronPlanet Acquisition http://rermag.com/headline-news/ritchie-bros-obtains-us-doj-antitrust-clearance-pending-ironplanet-acquisition <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Ritchie Bros., the world's largest <span class='keyword_link'><a href="http://rermag.com/earthmoving/heavy-equipment?intlink=autlink" title="Read more about heavy equipment">heavy equipment</a></span> auctioneer and provider of end-to-end services, announced this week the receipt of unconditional antitrust clearance from the U.S. Department of Justice for its proposed acquisition of <span class='keyword_link'><a href="http://rermag.com/search/results/IronPlanet?intlink=autlink" title="Read more about IronPlanet">IronPlanet</a></span>, a leading online marketplace for heavy equipment and other durable assets. </div> <p><a href="http://rermag.com/headline-news/ritchie-bros-obtains-us-doj-antitrust-clearance-pending-ironplanet-acquisition" target="_blank">read more</a></p> http://rermag.com/headline-news/ritchie-bros-obtains-us-doj-antitrust-clearance-pending-ironplanet-acquisition#comments Headline News Mergers & Acquisitions Fri, 19 May 2017 19:56:00 +0000 88131 at http://rermag.com <p>Ritchie Bros. moves a step closer to acquiring IronPlanet.</p> Caterpillar Acquires Equipment Sharing Specialist Yard Club http://rermag.com/headline-news/caterpillar-acquires-equipment-sharing-specialist-yard-club <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/Caterpillar?intlink=autlink" title="Read more about Caterpillar">Caterpillar</a></span> has acquired construction equipment technology company Yard Club for an undisclosed amount.</div> <p><a href="http://rermag.com/headline-news/caterpillar-acquires-equipment-sharing-specialist-yard-club" target="_blank">read more</a></p> http://rermag.com/headline-news/caterpillar-acquires-equipment-sharing-specialist-yard-club#comments Headline News Business & Technology Mergers & Acquisitions Sun, 14 May 2017 00:31:00 +0000 87931 at http://rermag.com Noble Iron Completes Sale of L.A. Operations to Sunbelt Rentals http://rermag.com/headline-news/noble-iron-completes-sale-la-operations-sunbelt-rentals <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Noble Iron announced that the sale of its Los Angeles-based equipment rental operations to <span class='keyword_link'><a href="http://rermag.com/search/results/Sunbelt%20Rentals?intlink=autlink" title="Read more about Sunbelt Rentals">Sunbelt Rentals</a></span> has been completed. </div> <p><a href="http://rermag.com/headline-news/noble-iron-completes-sale-la-operations-sunbelt-rentals" target="_blank">read more</a></p> http://rermag.com/headline-news/noble-iron-completes-sale-la-operations-sunbelt-rentals#comments Rental Companies Headline News Rental News Thu, 11 May 2017 01:15:00 +0000 87901 at http://rermag.com <p>Aerial units at Noble Iron&#39;s Los Angeles rental center.</p> WesternOne Finalizes Sale of Modular Space Rental and Manufacturing Division http://rermag.com/headline-news/westernone-finalizes-sale-modular-space-rental-and-manufacturing-division <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>WesternOne Inc. announced the closing of the previously announced sale of its modular manufacturing assets and liabilities to Triple M Modular Ltd. for $2.5 million, and an additional $2.5 million contingent on <span class='keyword_link'><a href="http://rermag.com/search/results/earnings?intlink=autlink" title="">earnings</a></span> from the business sold for the 12-month period following the close of the transaction. </div> <p><a href="http://rermag.com/headline-news/westernone-finalizes-sale-modular-space-rental-and-manufacturing-division" target="_blank">read more</a></p> http://rermag.com/headline-news/westernone-finalizes-sale-modular-space-rental-and-manufacturing-division#comments Headline News Mergers & Acquisitions Rental News Sun, 07 May 2017 22:37:00 +0000 87781 at http://rermag.com <p>WesternOne will focus on its infrastructure services division including rental of aerial work platforms.</p> Noble Iron Agrees to Sell Los Angeles Assets to Sunbelt Rentals http://rermag.com/headline-news/noble-iron-agrees-sell-los-angeles-assets-sunbelt-rentals <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Noble Iron announced it has entered into an asset purchase agreement to sell the assets of its subsidiary Noble Rents to <span class='keyword_link'><a href="http://rermag.com/search/results/Sunbelt%20Rentals?intlink=autlink" title="Read more about Sunbelt Rentals">Sunbelt Rentals</a></span> for $46.34 million. Noble Rents is a Los Angeles-based equipment rental operation. </div> <p><a href="http://rermag.com/headline-news/noble-iron-agrees-sell-los-angeles-assets-sunbelt-rentals" target="_blank">read more</a></p> http://rermag.com/headline-news/noble-iron-agrees-sell-los-angeles-assets-sunbelt-rentals#comments Rental Companies Headline News Rental News Tue, 02 May 2017 05:49:00 +0000 87621 at http://rermag.com <p>The staff of Noble Iron during its Los Angeles Grand Opening early in 2016.</p> Safway Group Agrees to Merge with Brand Energy & Infrastructure Services http://rermag.com/headline-news/safway-group-agrees-merge-brand-energy-infrastructure-services <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Brand Energy & Infrastructure Services, a portfolio company of Clayton, Dubilier & Rice, and Safway Group, owned by Odyssey Investment Partners, recently announced an agreement to merge, creating an integrated industrial and commercial services company with broader capabilities. </div> <p><a href="http://rermag.com/headline-news/safway-group-agrees-merge-brand-energy-infrastructure-services" target="_blank">read more</a></p> http://rermag.com/headline-news/safway-group-agrees-merge-brand-energy-infrastructure-services#comments Rental Companies Headline News Rental News Wed, 26 Apr 2017 19:22:00 +0000 87471 at http://rermag.com <p>Safway scaffolding in the National Cathedral.</p> Hitachi Acquires Compressor Manufacturer Sullair from Accudyne Industries http://rermag.com/international-news/hitachi-acquires-compressor-manufacturer-sullair-accudyne-industries <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Tokyo-based Hitachi Ltd. has agreed to acquire Sullair Air Compressors from its parent company Accudyne Industries for $1.245 billion. Hitachi said its goal in the acquisition is to gain access to Sullair’s global sales network, primarily in North America. </div> <p><a href="http://rermag.com/international-news/hitachi-acquires-compressor-manufacturer-sullair-accudyne-industries" target="_blank">read more</a></p> http://rermag.com/international-news/hitachi-acquires-compressor-manufacturer-sullair-accudyne-industries#comments Manufacturers International News Tue, 25 Apr 2017 22:24:00 +0000 87441 at http://rermag.com <p>Sullair has been a global player in the air compressor market for more than four decades.</p> Monroe Truck Equipment Acquires Trailer Maker Towmaster http://rermag.com/manufacturers/monroe-truck-equipment-acquires-trailer-maker-towmaster <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Monroe Truck Equipment has acquired <span class='keyword_link'><a href="http://rermag.com/tools/trailers?intlink=autlink" title="Read more about trailers">trailer</a></span> manufacturer Towmaster Inc. Towmaster, based in Litchfield, Min., makes a range of trailers and delivery vehicles for the construction and rental markets. </div> <p><a href="http://rermag.com/manufacturers/monroe-truck-equipment-acquires-trailer-maker-towmaster" target="_blank">read more</a></p> http://rermag.com/manufacturers/monroe-truck-equipment-acquires-trailer-maker-towmaster#comments Manufacturers Mon, 24 Apr 2017 19:42:00 +0000 87431 at http://rermag.com Maxim Crane to Acquire Coast Crane from Essex Rental Corp. http://rermag.com/headline-news/maxim-crane-acquire-coast-crane-essex-rental-corp <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Maxim Crane Works has agreed to acquire Coast Crane Co. from Essex Rental Corp. in a stock transaction worth about $72.5 million, subject to closing date working capital and other adjustments. </div> <p><a href="http://rermag.com/headline-news/maxim-crane-acquire-coast-crane-essex-rental-corp" target="_blank">read more</a></p> http://rermag.com/headline-news/maxim-crane-acquire-coast-crane-essex-rental-corp#comments Rental Companies Headline News Aerial/Lifting Rental News Fri, 21 Apr 2017 18:58:00 +0000 87371 at http://rermag.com <p>Coast Crane, one of the largest crane rental players on the West Coast, expands Maxim Crane Works&#39; presence in the region.</p> Leavitt Cranes Acquires Pacific Tower Crane and Pacific Lift Equipment http://rermag.com/headline-news/leavitt-cranes-acquires-pacific-tower-crane-and-pacific-lift-equipment <div class="field-byline"> Posted by Michael Roth </div> <div class="node-body article-body"><div></div>Leavitt Cranes has acquired the assets of Pacific Tower Crane and Pacific Lift Equipment from Barnhart Crane & Rigging Co. of Memphis, Tenn. </div> <p><a href="http://rermag.com/headline-news/leavitt-cranes-acquires-pacific-tower-crane-and-pacific-lift-equipment" target="_blank">read more</a></p> http://rermag.com/headline-news/leavitt-cranes-acquires-pacific-tower-crane-and-pacific-lift-equipment#comments Rental Companies Headline News Aerial/Lifting Thu, 13 Apr 2017 01:34:00 +0000 87081 at http://rermag.com <p>Leavitt Cranes is becoming one of the leading players in crane rental in the Pacific Northwest.</p>