All Mergers & acquisitions Articles

Asset swap gives Italcementi 6.25% stake and seat on the board of strong regional player.

Sale of “significant portfolio” necessary before UK joint venture can go ahead.

Volvo Rents continued its North American acquisition spree last week with the acquisition of Nelico Equipment Service and Supplies, a three-branch rental business with locations in Mills, Rock Springs and Casper, Wyoming.

Tribunal ruling means Portuguese industrial conglomerate Semapa will buy cement manufacturer shares.

The Toro Company has announced that it has acquired light construction product assets of Stone Construction Equipment, the compaction and concreting equipment business which went into bankruptcy earlier this year. The price was not disclosed.

Spanish contractor to swap Latin American concessions for 10% stake and acquire further 4.7% holding from ACS.

Following a successful initial investment in UK aerial work platform rental company Lifterz Ltd, LSG Industrials (LSGI) has acquired a controlling stake in the company.

Norway's Malthus is to sell its aerial platform sales division to Brubakken, a Norwegian forklift sales and rental company.

Australia's McAleese Transport has acquired transport logistics provider International Energy Services in a deal with Champ Private Equity for an undisclosed sum

French-based company plans to integrate Entrepose Contracting into group.

Sunbelt, the American subsidiary of the Ashtead Group, has acquired Topp Construction Services Inc and its related company, Precision Steel Works LLC for $33.5million, which was paid in cash.

Brazilian conglomerate offers US$ 3.31 billion for full control of Portuguese cement producer

Canada's Entrec Transportation has signed a letter of intent to acquire domestic crane operator and transportation firm Mains Group for US$ 56.2 million

Press reports in the US suggest that private equity firm Platinum Equity, founded by Tom Gores, wants to take ownership of Ahern Rentals, the Las Vegas based rental company that is currently going through Chapter 11 bankruptcy proceedings.

United Rentals and RSC Holdings expect the merger between the two to close on or about 30 April, a few days after RSC and United’s shareholders vote on the proposal.

Aggreko is to buy Poit Energia, a major power renter in Brazil, Chile, Argentina and Peru for R$404 million (£140 million), with an additional payment of up to R$60 million (£21 million) if targets are met this year.

Australia’s Onsite Rental Group has acquired compressor rental and sales company Q-Air in Queensland.

Cramo's Finnish subsidiaries Cramo Production Oy and Cramo Finland Oy have have agreed to sell their modular space production and customised accommodation rental businesses to Profipri Oy and Randum Oy, which are managed by MB Funds. Cramo will continue to rent standard modular space units.

Hertz Equipment Rental Corp (HERC) has acquired Arpielle Equipment Co in New York City, its fifth acquisition in the last 12 months. HERC said it expected the deal to add US$25 million in revenues in its first year with Hertz.

Stake in Caterpillar Japan to rise to 100%, following first phase of buy-out from Mitsubishi joint venture in 2008.