Williams Scotsman buys $1.1bn ModSpace

Williams Scotsman has acquired US-based portable unit rental company ModSpace, in a deal worth US$1.1 billion (€940 million).

ModSpace is a privately-owned company, with assets worth €940 million. It offers office trailers, portable storage units and modular buildings, and last year generated revenues of US$453 million (€390 million), while its…