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    • Headline News

    Important news about equipment rental companies and their suppliers and manufacturers.

    Highlights

    Photo by United Rentals
    Headline News

    United Rentals Sets Records Topping $3.7 Billion in Total Revenue in 2023

    Jan. 26, 2024
    United posted $3.119 billion in equipment rental revenue in the fourth quarter of 2023, compared to $2.747 billion in the fourth quarter of 2022, a 13.5-percent jump.
    Photo by Crane Rental Services
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    Mergers & Acquisitions

    ML Crane Group, Crane Services Inc. and Winslow Crane Service Merge to Form Crane Services Inc.

    Oct. 20, 2024
    The merger of these three groups enables access to an expanded rental fleet, comprehensive support services and streamlined processes with more efficient estimating, scheduling...
    Photo by Terex Corp.
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    Manufacturers

    Terex Acquires Environmental Solutions Group; Grows in Waste Management Market

    Oct. 14, 2024
    The all-cash transaction is for $2.0 billion, or $1.725 billion when adjusted for the present value of expected tax benefits of approximately $275 million.
    Photo by Trimble
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    Software

    Trimble Opens Technology Lab at Florida A&M University

    Oct. 6, 2024
    FAMU becomes the first historically Black college and University to host a Trimble Technology Lab.
    Photo by Magni Telescopic Handlers
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    Telehandlers

    Magni Telescopic Handlers Fills the Gap in Pennsylvania with New Southeastern Pennsylvania Dealer

    Sept. 22, 2024
    Gap Power is now an authorized dealer for Magni's complete line of telehandlers, including the RTH rotating telehandlers, HTH heavy lift, and TH fixed boom models, making these...
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    Mergers & Acquisitions

    United Rentals Acquires Australia’s Shore Hire, Report Says

    Aug. 28, 2024
    Shore Hire, which specializes in trench shoring, propping and traffic management equipment, has eight branches in four Australian states. The acquisition is expected to be finalized...
    Photo by Aggreko
    Generators & Pumps

    Aggreko Supports SailGP North American Races with Cleaner Energy Solutions

    Aug. 9, 2024
    Utilizing a low-carbon biofuel option, Aggreko is helping SailGP reduce emissions and energy consumption.
    Photo by Xylem
    Generators & Pumps

    Xylem Posts 26 Percent Second Quarter Revenue Increase

    Aug. 1, 2024
    For the first six months of 2024, total revenue was $4.202 billion compared to $3.170 billion in the first half of 2023, a 32.6-percent incline.
    Photo by Gruppo Mollo
    Rental Companies

    Italy’s Mollo Group Grows Larger with Acquisition of Albatros Piattaforme

    July 15, 2024
    The Mollo Group, led by brothers Mauro and Roberto Mollo, strengthened its presence in the Brescia area, where it is already strong with branches in Castegnato and Rezzato.