Rental industry acquisitions continue to make news


 
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As the rental industry continues to rebound from the pandemic, the frequency and scale of acquisition activity is accelerating. International Rental News recently reported on major deals that closed recently:

  • French rental firm Kiloutou entered the Portuguese market by acquiring Grupo Vendap.
  • Toi Toi & Dixi Group GmbH are in the process of acquiring Sebach which operates in Italy and France.
  • Selwood in the UK is now 83 percent owned by Arcus Infrastructure Partners.
  • In Canada Cooper Equipment Rentals purchased One Stop Rentals & Sales.
  • French-based Loxam purchased sister rental companies Sofranel and Société Cominoise de Location.
  • National Trench Safety acquired Vellano Shoring and Supply headquartered in New York state.
  • Puerto Rican based González Trading acquired Panama-based PowerGen and Costa Rican rental firm Renta Unida and re-branded itself as Teselta.
  • Kennards Hire acquired Rangiora Hire to expand its network in New Zealand.

And one that didn’t

  • The board of Vp PLC has rejected several offers and will continue with its controlling owner Ackers P Investment Co. Ltd.

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