Chinese equipment manufacturer LiuGong has completed the acquisition of Herc Holding’s Chinese business Herc Rentals China. It is now a wholly-owned subsidiary of LiuGong.
Herc Rentals China is based in Shanghai and began operations in July 2008. Since then, it has been serving a range of construction and industrial customers, as well as shipbuilding and mining operations, throughout central China.
LiuGong’s plans to buy the company were first announced at the start of March.
An interview with Graziano Cassinelli, Director of LiuGong’s newly launched Global Rental and Used Equipment Business, can be read here.