United Rentals buys Ahern Rentals

News Story
- 24 Nov 2022 ( #1104 ) - Stamford, CT, United States
1 min read
United Rentals grows with acquicisition
United Rentals grows with acquicisition

United Rentals has agreed to acquire the assets of family-owned Ahern Rentals for USD2 billion in cash. 

United Rentals is the largest equipment rental company in the world, with rental locations in North America, Europe, Australia and New Zealand, serving construction and industrial customers, utilities, municipalities, homeowners and others.

Reuters attributes the purchase to United’s desire to expand its US presence.

The deal will help United better capitalise on rising demand from manufacturers and construction companies as they ramp up output amid a post-pandemic rebound in industrial activity.

United expects the deal to generate about USD40 million of annualised cost synergies within the first 12 to 18 months of closing.

United has an integrated network of 1,331 rental locations in North America, 11 in Europe, 28 in Australia and 18 in New Zealand. 

In North America, the company operates in 49 states and every Canadian province. 

Ahern was founded in 1953 and is a family-owned equipment rental firm with about 2,100 employees. It operates across 106 locations in 30 US states, with a rental fleet that consists of aerial lifts.

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Previously about:
United Rentals reports record 4Q revenue News Story - 1 Feb 2024 - Stamford, CT, United States - 1 min read
United Rentals posts record 2Q result News Story - 17 Aug 2023 - Stamford, CT, United States - 1 min read
United Rentals hails ‘outstanding year’ News Story - 9 Feb 2023 - Stamford, CT, United States - 1 min read
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Even the heaviest lifts must be easy to handle. That’s why N.C. Nielsen raises the bar in lifting capacity, maneuverability, operator comfort, flexibility and technical capabilities.
Heavy duty reach stackers – lifting capacity from 85 to 180 tons.
VIEW ALL OUR CUSTOM-BUILT HEAVY DUTY REACH STACKERS

Contact us now: +45 99 83 83 83 - www.nc-nielsen.com