Articles
advertisement
Newsletters
Stay up-to-date on the latest marketing intelligence and opportunities.
Resources
Issue Archive
Event Calendar
Green Industry and Equipment Expo
Power-Gen International
Dec. 2-4
Orlando, FL
www.power-gen.com
World of Concrete
Feb. 3-6, 2009
Las Vegas Convention Center
Las Vegas, NV
www.worldofconcrete.com
The Rental Show
March 2-5, 2009
Georgia World Congress Center
Atlanta, GA
www.therentalshow.com
Hirequip Shareholders Approve Sale
Hirequip Shareholders met last week to approve the sale of New Zealand’s largest rental company to Pacific Equipment Solutions, an associate of Japanese private equity fund Nikko Principal Investments. Nikko shareholders recently met to approve the transaction.
The vote was 98.6 percent in favor of the sale and 1.4 percent against, according to Hirequip CEO Graeme Wong.
The acquisition, worth about NZ $165 million (about U.S. $112 million), was announced Nov. 27.
blog comments powered by Disqus
Want to use this article? Click here for options!
© 2008 Penton Media Inc.
most recent story
popular articles
advertisement
Popular Articles
- United Rentals 3Q Revenue Drops 12 Percent
- Industrial Base Helps H&E Equipment Services Hold Steady in Q3
- HERC Announces Rental Rate Hikes
- Telematics: A 2008 Rental Odyssey
- Taking the long view
Stock Block
Buyers Guide
Buyers Guide
The RER Industry Directory is the resource buyers like yourself rely on when looking for up-to-date information on the products or services you are searching for.
Learn More
Rental Rate Guide
Rental Rate Guide 2008
Want to know how much equipment is renting for these days? Find out in RER’s original 2008 Rental Equipment Rate Guide.
Learn More
