Volvo Rents expanded its presence internationally with the acquisition of Casco Rentals, a division of Casco Inc. and Encar Rentals, in Puerto Rico. Casco was previously owned by the Irizarry Group, which also owned a three-location equipment rental company in Florida, acquired by Volvo Rents in August 2011.

Casco has branches in Toa Baja and Lajas, Puerto Rico. The facilities are Volvo Rents’ first in Puerto Rico.

“Not only in the U.S., but on a global level there is an undergoing and unprecedented shift from buying equipment to renting,” said Mike Crouch, vice president of business development for Volvo Rents. “This puts us in a very favorable position as we continue to expand our footprint in various global marketplaces.”

Based in Shippensburg, Pa., Volvo Rents is No. 17 on the RER 100.