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WEB6 days ago · Toronto-based Toromont Industries, one of the world’s largest Caterpillar dealers, has acquired Tri-City Equipment Rentals, a major player in heavy equipment rentals, with operations...
Briggs & Stratton Exits Chapter 11 with New Owner and CEO
WEBJul 7, 2024 · The U.S. Bankruptcy Court for the Eastern District of Missouri formally approved the transaction on September 15. With the completion of the sale to KPS, Briggs & Stratton has successfully exited from its Chapter 11 Bankruptcy proceeding. Briggs & Stratton will now operate as an independent company with the …
Kohler to Acquire Lombardini Engine Companies
WEBMay 11, 2007 · The acquisition in subject to relevant regulatory approval. Kohler Co.’s Global Power Group last week entered into an agreement to purchase Lombardini Srl from Mark IV Luxembourg S.A.R.L., a subsidiary of Mark IV Industries. The acquisition in subject to relevant regulatory approval.
Doosan Acquires Bobcat for $4.9 Billion - Rental Equipment Register
WEBSep 1, 2007 · SUWANEE, Ga. — Ingersoll Rand Co. last month agreed to sell its Bobcat, Utility Equipment and Attachments business units to Doosan Infracore for about $4.9 billion. The sale is subject to customary closing conditions and is targeted to close early in the fourth quarter. The combined businesses manufacture compact equipment, including skid-steer loaders, compact track loaders, mini-excavators ...
BigRentz Closes $15 Million Private Funding and Acquires Site …
WEBApr 1, 2020 · BigRentz, the U.S.’ largest construction equipment rental network, today announced it closed $15 million in private funding that will enable it to broaden its rental category expansion and maintain business continuity.
New Terramite Owner Has Plans to Revive and Grow the Small …
WEBNov 16, 2012 · The new owner of small earthmoving equipment manufacturer Terraquip Construction Products, which makes Terramite machines, has plans to expand the company’s product line, increase U.S. manufacturing and grow North America sales.
Sunbelt Rentals Makes 10 Acquisitions in Fiscal First Half and Four ...
WEBDec 10, 2021 · Sunbelt Rentals acquired 10 companies during its fiscal first half of 2021 for $427.6 million in cash. The 10 acquisitions took place between May 1 and Oct. 31.
Thermadyne Changes Name to Victor Technologies
WEBMay 23, 2012 · Thermadyne Holdings Corp. has changed its name to Victor Technologies Group, and the name of its wholly owned subsidiary Thermadyne Industries, to Victor Technologies International. “To re-position the company in the marketplace, we are returning to our roots,” said Martin Quinn, the company’s …
Herc Rentals Acquires a Dozen Companies in Past Year, Adds …
WEBFeb 12, 2022 · Yesterday, Herc Rentals announced its full year 2021 results as well as the acquisition of 12 companies made in 2021 for a total of about $477 million.
Lessons Learned from a Class Action Suit on Damage Waiver
WEBSep 1, 2012 · Whether to offer a damage waiver remains one of the most hotly debated issues in the equipment rental industry. Comments range from: “It has no value to the customer and amounts to a hidden rent increase,” to: “It provides significant value and legitimately offsets the rental company’s long-term costs associated with repairing and replacing damaged equipment; you’re leaving money on ...