Mergers & Acquisitions

Aggreko has acquired a 14-percent ownership share in Origami Energy, an intelligent software platform developer that optimizes revenue-earning capacity of grid-connected generation and storage assets.

H&E Equipment Services announced it has completed its acquisition of Rental Inc., a non-residential construction-focused equipment rental company with five branches in Alabama and Florida and assets including approximately $35 million of fleet based on original equipment cost.

European rental giant Boels Rental recently acquired three rental companies to expand its services for its customers.

Ring-O-Matic president and CEO Brian Metcalf has acquired the company, which specializes in the design, manufacture and customization of vacuum-excavation machinery and equipment.

Rental Guys Inc., based in Chico, Calif., announced this week that it has acquired Gold-N-Green Rentals Inc. of Grass Valley, Calif.

United Rentals has acquired the assets of Industrial Rental Services LLC from JMH Capital.

Komatsu America Corp., through its subsidiary F and M Equipment Ltd., has entered into a purchase agreement to acquire the assets of PBE Group, which consists of Pine Bush Equipment Co. and East PBE Inc.

Aggreko has completed the acquisition of A Contact Electric Rentals, a provider of specialized medium- and high voltage electrical distribution and transformer rental equipment, for an undisclosed sum.

Komatsu Ltd. has signed an agreement to acquire the Quadco and Southstar forestry attachment operations from Prenbec Equipment Inc., a company based in the province of Quebec, Canada.

H&E Equipment Services has entered into a definitive agreement to acquire Rental Inc., a non-residential-construction-focused equipment rental company with five branches in Alabama and Florida. Under the terms of the agreement,

Riwal, international aerial work platform and telehandler rental specialist, has completed the integration of AFI GmbH, which it acquired in May 2017, into its organization.

Aggreko has formed a joint venture in China with power rental company Shanghai Yude.The new company starts trading immediately as Shanghai Yude Aggreko Energy Equipment Rental Co. Ltd.

Cooper Equipment Rentals, Canada’s fastest-growing equipment rental company, has acquired Modern Industrial Rentals, a construction and industrial equipment rental company that services Southern Alberta from its branches in Calgary and Medicine Hat, Alberta.

In a multi-faceted transaction that closed Jan. 5, National Equipment Dealers acquired Four Seasons Equipment, May Heavy Equipment and Earthmovers Equipment, as well as some assets of International Iron.

Able Equipment Rental has purchased the assets of Key Equipment Inc. of Honey Brook, Pa., which will operate as the newest branch of Able Equipment Rental.