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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Driving Automation
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ERA Convention
Registration is open for the European Rental Association (ERA) Convention in September 2021 writes International Rental News.
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Wacker New CFO
International Construction features the news that Wacker Neuson SE has appointed Christoph Burkhard as its new CFO.
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CONEXPO 2023
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Building in Cities
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Canada in Demand
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Switching to HVO
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Compact track loaders
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Bauma Date Change
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Many heavy equipment industries improved in quarter four 2020 reports OEM Off-Highway.
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The Construction Index features hire chain Speedy’s investment in fuel management.
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OEM Off-Highway runs a report from FederUnacoma on the Italian Ag equipment recovery.
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