United Rentals acquires Alberta equipment rental company
By United Rentals
NewsAug. 20, 2013–United Rentals has acquired Rent World, a construction equipment rental company with two facilities in Wainwright, Alberta, Canada. Rent World serves the fast-growing Keystone Pipeline marketplace in central Alberta. Rent World is located a couple of hours southeast of Edmonton and is the closest rental center to Hardisty, Alberta, in the heart of the Keystone pipeline/oil sands region, a petroleum industry hub.
Aug. 20, 2013–United Rentals has
acquired Rent World, a construction equipment rental company with two
facilities in Wainwright, Alberta, Canada. Rent World serves the fast-growing
Keystone Pipeline marketplace in central Alberta. Rent World is located a
couple of hours southeast of Edmonton and is the closest rental center to
Hardisty, Alberta, in the heart of the Keystone pipeline/oil sands region, a
petroleum industry hub.
The company, which also
does significant business with a nearby military base, has a general contractor
equipment inventory including aerial equipment, earthmoving and air
compressors. Former owner Orlando Radies will stay on and manage the facility.
Fred Hageman, principal
of Rental Acquisitions LLC, represented Rent World in the transaction.
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