LOXAM announced acquiring HR – ALUGUER DE EQUIPAMENTOS S.A. The company added that through the acquisition, it aims to consolidate its presence in the equipment rental market in Portuguese. With the latest acquisition, Loxam has completed its network of 6 branches in Portuguese. HR operated 3 branches with about 40 employees in the country.
H&E Equipment Services, Inc announced completing the acquisition of Rental Inc., an equipment rental company focusing on non-residential construction. With the acquisition, H&E expected to expand its business in Western Georgia, Alabama, and Florida.
Author Credits: Rushikesh, Richa Gupta