Jan 14 (Reuters) – United Rentals (URI.N) said on Tuesday it would acquire smaller rival H&E Equipment Services (HEES.O) in a deal valued at $4.8 billion, as the company looks to tap into demand for equipment rentals in more markets within the United States.
In an age when major equipment buyers source directly from OEMs and where the ‘right to repair’ movement is trying to liberalise the repair and maintenance business, construction equipment dealerships may feel they are being squeezed on all sides. KHL’s Lucy Barnard finds out what
United Rentals, Stamford, Conn., has entered into a definitive agreement to acquire the assets of family-owned Ahern Rentals, Las Vegas, for approximately $2 billion in cash.
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