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  Site Home » Business & Services » Industrial Services & Products
   
 

Big Buyouts of 2005 in the Rental Industry

   

United, A to Z Rental and Sales, Sunbelt Rentals, and Classic Party Rentals all made new acquisitions in 2005. These companies were able acquire the others with the hopes of making a bigger and better future for themselves.

United purchased Atlantic Rentals of Woodstock, New Brunswick, Canada. United hopes to make a move in the Canadian market with the acquisition. The company now serves all 10 Canadian provinces and is on track to open 35 new operations this year.

A to Z Rental and Sales bought 5 branches in the Pacific Northwest from HSS Hire Service Group of Britain. A to Z was also able to acquire all 14 remaining Colorado HSS RentX branche locations in Colorado.

Sunbelt rentals acquired Northridge Equipment Rentals of Northridge, California. Northridge was one of the largest family owned rental businesses in the country and was ranked the 39th largest rental company in the US. The acquisition will dramatically increase Sunbelt's sales in the California market.

Classic Party Rentals, which is the largest event planning rental company in the US, acquired the rental operations of Aztec Tents and Events. The acquisition helped expand Classic even further. Classic is now comprised of 12 divisions and has generated revenues of more than $120 million.

Author: Mike Mavison
 
Author Bio:
Mike Mavison is a notable scripter. Mike likes to pen down articles about this field.
This article can be searched using: industrial safety products, industrial services, industrial products
 
 
 

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