Voisin acquired by Sunbelt
By Osprey CapitalNews Mergers, acquisitions, entries and exits business
Voisin’s Equipment Rental and Universal Rental Services Inc. have been acquired by Sunbelt Rentals Inc. Voisin’s Equipment Rental is one of the largest independent equipment rental companies in North America. Based in Guelph Ontario, the Company specializes in aerial equipment rentals, sales and repair services to over 900 customers in the residential and commercial construction industry. Voisin’s has a fleet of nearly 2500 aerial lifts and telehandlers. Universal Rental Services is an Ontario-based general tool and construction equipment rental company offering products ranging from chainsaws to large bulldozers. Universal operates three facilities located in Guelph, Fergus and Orangeville.
Sunbelt Rentals, a wholly owned subsidiary of Ashtead Group plc (AHT.LSE) and the second largest equipment rental company in North America with more than 700 locations and 11,000 employees, acquired Voisin’s and Universal. Sunbelt Rentals was chosen due to its reputation in the industry and the numerous synergies between the two companies.
“When we started the process to find a partner we had a good idea of what we wanted to achieve and chose Osprey Capital not only because of their experience and track record but also their fit with our team”, said Steve Voisin, President of Voisin’s and Universal, “We are extremely happy with the outcome.” Mr. Voisin will assume a senior role at Sunbelt.
Onward and upwards – Voisin’s Equpment Rental profile Feb. 2016
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