United Rentals acquires in Europe
21 May 2024
United Rentals has acquired European equipment rental business EQIN. No financial details of the deal have been revealed.
Headquartered in Rotterdam, EQIN provides a range of equipment, such as generators, compressors, welding equipment and lighting towers.
The company has a number of depots throughout the Benelux region, including seven in the Netherlands and one in Belgium.
Following a merger with its competitor Indu-Tools Group, EQIN also moved into the German market last year with the purchase of ToolsRent24.
According to the company, becoming part of United Rentals ensures it can provide a broader product range, more locations in Europe and more room for development than ever before.
EQIN said in a statement, “Behind the scenes, we are working hard on the integration into one strong organisation. From May 2024, EQIN will proudly presents itself under the name United Rentals.
“A brand that stands for quality, reliability and service excellence in the rental sector. We will manage this under the business unit Power & Tool Solutions with the team as you know it.
“This entails both significant and minimal changes at the same time. We are confident that with this combined knowledge, equipment, and solutions, we will continue to support you during your projects in the future.”
The move comes some six years after United first entered Europe with the purchase of BakerCorp International Holdings.
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