All Mergers & acquisitions Articles

Sullair Argentina sells 70% stake in Solaris
Private equity firm Southern Cross will provide investment funds for the Solaris business to grow faster..
Riwal acquires Sarens' access division
The telehandler and access rental company will now have operations in Belgium.
Best Line Equipment buys Uniontown Industrial Equipment Co.
Pennsylvania-based Best Line Equipment has purchased Uniontown Industrial Equipment, Co., bringing the equipment rental company’s total number of locations to 12.
Snorkel sale ongoing
Tanfield Group has confirmed that the proposed sale of Snorkel, its aerial work platform division, is ongoing.
AFI gets private equity owner and adds Hi-Reach
AFI group gets new private equity owner and also gets 1900 additional platforms with acquisitions in the UK and Middle East.
Volvo considering sale of Volvo Rents, reports Bloomberg
Bloomberg News reports that Volvo is considering the sale of its Volvo Rents subsidiary. Volvo AB would not comment on the story.
Chinese rental company XYZ to be sold
Owner Li Zhong is looking for a foreign buyer for the business, which is one of the largest access renters in China.
Sunbelt buys two Wisconsin aerial lift companies
Sunbelt Rentals has acquired Milwaukee High Lift Inc and Madison High Lift Inc for an undisclosed sum.
Sumitomo takes majority stake in Sunstate Equipment
Founder Mike Watts remains chairman of the business and retains a 20% shareholding.
Fraco partnership to produce hoists
Canadian mast climber manufacturer Fraco Products has partnered with former Alimak CEO Krister Kempainen to produce construction hoists and industrial lifts in North America
HERC acquires Oklahoma-based Pioneer Rentals
Hertz Equipment Rental Corporation (HERC) has acquired Pioneer Equipment Rental and Sales, a rental company based in Oklahoma, US, that has annual revenues of around US$25 million.
51% investor in Mtandt Rentals
Rakesh Modi the chief executive officer of Indian company Mtandt Rentals Limited has told Access International that an unnamed investor has bought 51% shares of Mtandt Rentals Limited
Palfinger buys South American Tercek
As part of a policy to increase its presence in South America, the Palfinger Group has acquired 100% shares in the Brazilian engineering company Tercek Usinagem de Precisão Ltda.
IPS and APS join forces to create largest UK platform distributor
Telford-based Independent Parts and Service Ltd (IPS) and Huntingdon-based Access Platform Sales Ltd (APS) are to merge their European operations to create the largest independent full service distributor of powered access (aerial work platforms) in the UK.
Carlyle buys 25% share of Brazil's Grupo Orguel
Private equity firm Carlyle Group has acquired a 25% share of Brazilian rental company Grupo Orguel. The price was not disclosed.
NESCO buys Penske's utility truck fleet
Penske Truck Leasing Co has sold its fleet of 250 utility trucks to NESCO, one of the largest utility truck rental companies in the US.
Volvo Rents buys again
Volvo Rents has acquired Iowa-based Aerial Platform Experts, an equipment rental company with a single location in Davenport.
Web Exclusive: Q&A with John Bureau of Wynne Systems
IRN interviews Wynne Systems president John Bureau about the company's new owner.
Mediaco sells non-crane divisions to Loxam
French crane company Mediaco is to sell three of its non-crane rental businesses to Loxam for an undisclosed price.
Volvo Rents buys again in California
Volvo Rents has added another Californian rental company to its list of recent acquisitions, buying Rental Solutions, a three-branch operation with stores in Napa Valley, Santa Rosa, and Cloverdale.
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