Mergers & Acquisitions

Highlights

Photo by Lou-Tec
Lou Tec Et Torcan Lift Equipment Petit
Rental Companies

Quebec’s Lou-Tec Acquires Ontario High-Reach Rental Specialist Torcan Lift Equipment

Oct. 11, 2023
Lou-Tec, Quebec's leading rental company for heavy machinery, tools and specialized equipment, has acquired Torcan Lift Equipment, a company that has made a name for itself in...
Photo by Volvo Construction Equipment
Volvo Ecr25 Electric Charging 2022
Manufacturers

Volvo Wins Bid to Acquire Battery Manufacturer Proterra

Nov. 10, 2023
Volvo Group has been selected as the winning bidder in an auction for the business and assets of the Proterra Powered business unit for the price of $210 million. Proterra Inc...
Photo by MEC
Mec Leak Containment System (lcs) (002)
Manufacturers

Zhejiang Dingli Machinery Co. Increases its Ownership Stake in MEC Aerial Work Platforms

Nov. 6, 2023
MEC Aerial Work Platforms, an industry leader in mobile elevating work platforms (MEWPs), announced that partner Zhejiang Dingli Machinery has increased its investment in the ...
Fecon Tree Frog Fcn Trim Ex Nov 23
Manufacturers

Fecon Acquires TREEfrogg, a Manufacturer of Tree-Trimming Saw Attachments for Loaders

Nov. 3, 2023
The acquisition expands the right-of-way clearing solutions offered by Fecon in the forestry mulching and vegetation management industry.
Photo by H&E Equipment Services
Hees Fld Truck Jcb Sacramento Nov 23
Rental Companies

H&E Equipment Services Expands Southern and Central California Presence with Acquisition of Giffin Equipment

Nov. 1, 2023
The acquisition, which closed earlier today, includes three branch locations and a fleet size, as measured by original equipment cost, of approximately $13.4 million. The rental...

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Kennards Hire Taupo Team L R Adam Reid Craig Hall Coen Nicol Mark Hood Mike Mercep Mike Alea
Rental Companies

Kennards Hire Continues New Zealand Expansion with Acquisition of New Taupō, North Island Branch

Oct. 17, 2023
Kennards Hire, a family-owned equipment hire (rental) company headquartered in Australia, continues its expansion in New Zealand with the acquisition of Taupō Hire, growing its...
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Manufacturers

CNH Finalizes Acquisition of Global Satellite Navigation Technology Company Hemisphere GNSS

Oct. 13, 2023
This acquisition solidifies CNH’s in-house precision, automation and autonomy technology, enabling it to continue “breaking new ground” for the agriculture and construction industries...
Photo by Trackunit
Trackunit Installer
Mergers & Acquisitions

Trackunit Acquires North American IoT Field Services Expert OEMSI

Oct. 12, 2023
Chicago-based OEMSI becomes an essential part of Trackunit’s ecosystem enabling OEMs and fleet owners to leverage managed deployment services across North America. The transaction...
Photo by Skyworks
Skyworks Three Generations Of Reinharts
Rental Companies

Skyworks Acquires Florida’s Gold Coast Hi-Lift

Oct. 4, 2023
Fast-growing Skyworks has acquired Gold Coast Hi-Lift, a family-owned and operated equipment rental business with locations in Fort Lauderdale and West Palm Beach, Fla.