Mergers & Acquisitions http://rermag.com/taxonomy/term/23781/more en Terex Divests India-Based Compact Construction Business http://rermag.com/headline-news/terex-divests-india-based-compact-construction-business <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/Terex?intlink=autlink" title="Read more about Terex Corp.">Terex Corp</a></span>. has agreed to sell its India-based compact construction business to Manitou BF. </div> <p><a href="http://rermag.com/headline-news/terex-divests-india-based-compact-construction-business" target="_blank">read more</a></p> http://rermag.com/headline-news/terex-divests-india-based-compact-construction-business#comments Manufacturers Headline News Tue, 28 Mar 2017 20:55:00 +0000 86691 at http://rermag.com <p>Terex continues its divestment of construction assets to focus on aerial work platforms, cranes and materials-processing equipment.</p> WesternOne Inc. Sells Britco, Its Modular Space Rental Division http://rermag.com/headline-news/westernone-inc-sells-britco-its-modular-space-rental-division <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>WesternOne Inc. has sold a significant portion of the assets of its subsidiary Britco, including its modular space rental business known as Britco Rentals, and its majority equity interest in Britco’s modular building manufacturing operations in the United States for about $45.1 million in cash. </div> <p><a href="http://rermag.com/headline-news/westernone-inc-sells-britco-its-modular-space-rental-division" target="_blank">read more</a></p> http://rermag.com/headline-news/westernone-inc-sells-britco-its-modular-space-rental-division#comments Rental Companies Headline News Rental News Fri, 24 Mar 2017 17:54:00 +0000 86641 at http://rermag.com <p>WesternOne&nbsp;is selling its modular space rental division to focus more on its rental of aerial equipment, heaters and other equipment.</p> Sumitomo Corp. Acquires Remaining 20 Percent of Sunstate Equipment Rental Shares http://rermag.com/headline-news/sumitomo-corp-acquires-remaining-20-percent-sunstate-equipment-rental-shares <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Sumitomo Corp. announced that is has acquired the remaining 20-percent interest in <span class='keyword_link'><a href="http://rermag.com/search/results/Sunstate?intlink=autlink" title="Read more about Sunstate Equipment">Sunstate Equipment Co</a></span>. through its subsidiary SMS International Corp., making Sunstate a wholly owned company of Sumitomo Corporation Group. </div> <p><a href="http://rermag.com/headline-news/sumitomo-corp-acquires-remaining-20-percent-sunstate-equipment-rental-shares" target="_blank">read more</a></p> http://rermag.com/headline-news/sumitomo-corp-acquires-remaining-20-percent-sunstate-equipment-rental-shares#comments Rental Companies Headline News Rental News Thu, 02 Mar 2017 20:57:00 +0000 86041 at http://rermag.com <p>Sunstate Equipment Rentals&#39; Reno, Nev., branch.</p> Photo by Sunstate Equipment Rentals. Loxam Acquires U.K.’s Lavendon, Creating International Aerial Rental Giant http://rermag.com/headline-news/loxam-acquires-uk-s-lavendon-creating-international-aerial-rental-giant <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Europe’s biggest equipment rental company Loxam said that acceptances of more than 155 million shares of U.K.-based Lavendon have been received, representing more than 91 percent of the shares. </div> <p><a href="http://rermag.com/headline-news/loxam-acquires-uk-s-lavendon-creating-international-aerial-rental-giant" target="_blank">read more</a></p> http://rermag.com/headline-news/loxam-acquires-uk-s-lavendon-creating-international-aerial-rental-giant#comments Rental Companies Headline News International News Aerial/Lifting Rental News Thu, 23 Feb 2017 21:27:00 +0000 85851 at http://rermag.com <p>With the acquisitin of Lavendon, including its Nationwide Platforms division, Loxam now has abut 45,000 powered access units.</p> France’s Loxam Finalizes Acquisition of Spain’s Hune Group http://rermag.com/international-news/france-s-loxam-finalizes-acquisition-spain-s-hune-group <div class="node-body article-body"><div></div>Loxam, Europe’s largest equipment rental company, has finalized its acquisition of Hune Group, a Spanish rental company with 35 branches in Spain. </div> <p><a href="http://rermag.com/international-news/france-s-loxam-finalizes-acquisition-spain-s-hune-group" target="_blank">read more</a></p> http://rermag.com/international-news/france-s-loxam-finalizes-acquisition-spain-s-hune-group#comments Rental Companies International News Fri, 10 Feb 2017 20:25:00 +0000 85501 at http://rermag.com Kohler Power Acquires U.K.’s Clarke Energy http://rermag.com/international-news/kohler-power-acquires-uk-s-clarke-energy <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>Kohler Co.’s Power Group has acquired Clarke Energy Ltd., based in Liverpool, U.K. Clarke Energy is a multinational specialist in the engineering, construction, installation and maintenance of <span class='keyword_link'><a href="http://rermag.com/tools/engines-0?intlink=autlink" title="Read more about engines">engine</a></span>-based power plants, and is an authorized distributor of GE’s reciprocating engines in 19 countries. </div> <p><a href="http://rermag.com/international-news/kohler-power-acquires-uk-s-clarke-energy" target="_blank">read more</a></p> http://rermag.com/international-news/kohler-power-acquires-uk-s-clarke-energy#comments Manufacturers International News Power Generation Mon, 06 Feb 2017 22:33:00 +0000 85291 at http://rermag.com Cooper Equipment Rentals Acquires Alberta’s 4-Way Equipment Rentals from CERC http://rermag.com/headline-news/cooper-equipment-rentals-acquires-alberta-s-4-way-equipment-rentals-cerc <div class="node-body article-body"><div></div>Canadian Equipment Rental Corp. has sold its equipment rental company 4-Way Equipment Rentals, in Edmonton, Alberta, Canada to Mississauga, Ont.-based Cooper Equipment Rentals for CDN $8.5 million in cash. </div> <p><a href="http://rermag.com/headline-news/cooper-equipment-rentals-acquires-alberta-s-4-way-equipment-rentals-cerc" target="_blank">read more</a></p> http://rermag.com/headline-news/cooper-equipment-rentals-acquires-alberta-s-4-way-equipment-rentals-cerc#comments Rental Companies Headline News Rental News Fri, 03 Feb 2017 01:29:00 +0000 85221 at http://rermag.com <p>With more than 20 branches in Ontario and Quebec, the acquisition of 4-Way Equipment Rentals is Cooper&#39;s first expansion into Alberta.</p> Aggreko Acquires TuCo Industrial Products http://rermag.com/headline-news/aggreko-acquires-tuco-industrial-products <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/Aggreko?intlink=autlink" title="Read more about Aggreko">Aggreko</a></span> has acquired TuCo Industrial Products, an air conditioning equipment rental company in Lynnwood, Wash. Terms of the transaction was not disclosed. </div> <p><a href="http://rermag.com/headline-news/aggreko-acquires-tuco-industrial-products" target="_blank">read more</a></p> http://rermag.com/headline-news/aggreko-acquires-tuco-industrial-products#comments Rental Companies Headline News Power Generation Thu, 02 Feb 2017 01:43:00 +0000 85201 at http://rermag.com <p>Aggreko air-conditioning units at the Ryder Cup.</p> Lavendon Board Recommends Accepting Loxam Acquisition Offer http://rermag.com/headline-news/lavendon-board-recommends-accepting-loxam-acquisition-offer <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>French rental giant Loxam, the largest equipment rental company in Europe, appears poised to complete a takeover of Lavendon, U.K.-based rental company that primarily specializes in <span class='keyword_link'><a href="http://rermag.com/aeriallifting?intlink=autlink" title="Read more about aerial equipment">aerial equipment</a></span>, after Belgium-based TVH said it won’t raise its bid and the board of Lavendon endorsed Loxan’s offer.</div> <p><a href="http://rermag.com/headline-news/lavendon-board-recommends-accepting-loxam-acquisition-offer" target="_blank">read more</a></p> http://rermag.com/headline-news/lavendon-board-recommends-accepting-loxam-acquisition-offer#comments Rental Companies Headline News International News Thu, 02 Feb 2017 01:06:00 +0000 85191 at http://rermag.com United Rentals to Acquire Aerial Specialist Rental Company NES Rentals http://rermag.com/headline-news/united-rentals-acquire-aerial-specialist-rental-company-nes-rentals <div class="field-byline"> Michael Roth </div> <div class="node-body article-body"><div></div>In one of the largest acquisitions in equipment rental industry history, <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 entered into a definitive agreement to acquire NES Rentals Holdings for about $965 million in cash. </div> <p><a href="http://rermag.com/headline-news/united-rentals-acquire-aerial-specialist-rental-company-nes-rentals" target="_blank">read more</a></p> http://rermag.com/headline-news/united-rentals-acquire-aerial-specialist-rental-company-nes-rentals#comments Rental Companies Headline News Aerial/Lifting Thu, 26 Jan 2017 00:09:00 +0000 85041 at http://rermag.com <p>The acquisition of NES Rentals will strengthen United Rentals&#39; presence in the industrial rental space.</p>