Mobile Mini moves on Florida acquisition

US-based rental company Mobile Mini has acquired the assets and operations of an un-named portable storage business with operations in Daytona Beach, Florida, for an undisclosed fee.

"We continue to make acquisitions in growth markets which fit into our strategy of acquiring highly utilised rental assets on very favourable terms," said Erik Olsson, Mobile Mini president and CEO.

"This acquisition will add units currently on rent at over 90% utilisation to our existing footprint without adding any additional fixed costs."

The company added that the newly acquired business offered a large container fleet.

Portable accomodation rental company Mobile Mini operates more than 130 locations throughout North America, as well as international operations in the UK.