Hertz Equipment Rental Corp. has acquired DW Pumps, a pump rental specialist based in San Leandro, Calif. Founded in 2003, DW Pumps also has a branch in Sacramento, Calif.
DW Pumpsâ€™ fleet includes large submersible pumps, diesel auto priming and high-pressure pumps, generators, auxiliary fuel tanks, electric transformers and product accessories.
â€śWith the acquisition of DW Pumps, HERC continues its diversification strategy of expanding into specialty services and products for a broad range of equipment rental customers,â€ť said Mark Frissora, Hertz chairman and CEO. â€śDW Pumps specializes in providing pump solutions for industrial, municipal and construction customers on the West Coast.â€ť
HERC estimates the pump product and service market in the United States at $600 million, and expects DW Pumps to generate about $6 million in new revenues for HERC during 2012. It expects that business to top $10 million as the business is expanded throughout California.
HERC offers custom programs and equipment through its specialty service groups: Industrial Plant Services, Pump and Power Services, Aerial Services and Government Services.
Based in Park Ridge, N.J., HERC is No. 4 on the RER 100, and has about 325 locations in the United States, Canada, China and Europe.