Volvo Rents has acquired Papé Rents, a single-location construction equipment rental company in Phoenix. Anchored by an increase in local construction spending projected to total more than $44 billion in the Phoenix-Mesa-Glendale marketplace between 2012 and 2016, Volvo Rents is looking for greater market share in the area. With the acquisition of Papé, Volvo Rents now has five Volvo Rents locations in Arizona. This is its first in Phoenix.

Pape Rents was part of the Pape Group of companies that includes Deere and Ditch Witch dealerships, materials handling and rental locations, and more than 60 locations throughout the western United States.

Volvo Rents already has rental centers in Eloy, Miami, Thatcher and Tucson, Ariz.

“We are able to add Don Myrick and his topnotch staff to the Volvo Rents team, which was the real key to this acquisition,” said Mike Crouch, vice president of business development for Volvo Rents. “Our strong brand recognition, coupled with the growing demand for construction equipment rental, allows us to look to the future with great enthusiasm. That local oversight is crucial to the Volvo Rents approach. Ten percent of our customers do 80 percent of the business, and giving them a VIP level of service is paramount.”

Volvo Rents is No. 17 on the RER 100.