UK based aerial lift rental company Lavendon, has rejected yesterday’s joint approach from Ashtead and TVH worth 115p per share.
13.01.2011
Ashtead has joined TVH in its bid to take over Lavendon, with the two splitting the business between them.
The Takeover Panel has ruled that TVH must decide if it will make a firm offer for Lavendon by Feb 8.
12.01.2011
Finnish based Cramo has acquired Theisen, giving it new locations in Germany, Austria, Switzerland and Hungary
11.01.2011
Ashtead’s US subsidiary, Sunbelt Rentals has acquired Empire scaffolding for $38 million in cash.
Tadano is expanding its operations in Central and South America, opening an office in Panama and an assembly facility in Brazil.
10.01.2011
Florida based rental company General Crane has been bought out of Chapter 11 by Allegiance Crane & Equipment.
04.01.2011
WindPower Innovations Inc has announced a strategic alliance with Barnhart Crane & Rigging, in the state of Oregon.
The acquisition of Western Australia based Statewide Equipment Hire by Onsite Rental Group has been completed.
30.12.2010
Tanfield, owner of Snorkel has sold its Smith Electric Vehicles business to SEVUS, its US joint venture.
23.12.2010
Terex Utilities has sold off its Western US based rental fleet to a private equity owned firm - Nesco.
21.12.2010
Snorkel Australia has bought out the IPS holding in the joint venture product support business - IPS (Aust).
20.12.2010
Finnish based international rental company Cramo, has refinanced €375 million of its long-term debt.
17.12.2010
Manitowoc has sold its Kysor/Warren refrigeration businesses to Lennox International for $138 million.
15.12.2010
Cargotec has increased its shareholding in Kalmar (Malaysia) from 50 to 69.9 percent.
Terex says that it will redeem all of its 7 3/8% Senior Subordinated Notes in January.
13.12.2010
Hertz Equipment Rental has acquired Burbank, California based 24/7 Studio Equipment.
US based Trico Lift, has signed a co-operation agreement with fork lift distributor Modern Group of Bristol, Pa.
12.12.2010
The following story was sent in by a reader and appears to have come from the Emerald Isle.
09.12.2010
Ashtead, owner of Sunbelt in the USA and A-Plant in the UK has reported improved revenues and profits.
Sanghvi Movers, India’s largest crane rental company says that it will spend around $44 million on new cranes in 2011.
08.12.2010
Demag Cranes has managed to increase group profits in spite of lower revenues.
Kobelco Cranes has released its half year results to the end of September with crane sales down 18%.
Belgian-based fork truck and access parts supplier TVH has made a cash bid to acquire Lavendon Group - Europe's largest aerial lift rental company. UPDATED with Lavendon response.
03.12.2010
