Volvo Rents moves into Ontario
By Volvo RentsNews
Jan. 2, 2012 - In 2011, Volvo Rents acquired more than 50 companies in the United States. Recently, however, the brand announced its first acquisition of a competitor north of the border with the recent signing of the Centreline Group of Rental Companies, a six-location construction equipment rental company found throughout Ontario. This new acquisition lifts Volvo Rents’ North American location total to more than 90 stores.
The new Volvo Rents locations are located in Windsor, Leamington,
Chatham, London, Dumfries and Hamilton and are the first for the company
in the province of Ontario.
“As the recession abates, the construction equipment rental industry is
projected to be one of the fastest growing industries in North America,
as more people are choosing to rent rather than commit to capital
expenditures,” said Mike Crouch, vice-president of business development
for Volvo Rents. “Our strong brand recognition, coupled with the growing
demand for equipment rental, allows us to look to the future with great
In addition to Volvo Rents’ expanding line of Volvo compact equipment –
such as backhoe and skid steer loaders, compact wheel loaders, compact
excavators and compaction equipment – the rental center carries a
comprehensive line of essential equipment and tools for the
construction, commercial, industrial and homeowner markets. The focus is
on daily, weekly and monthly rentals.
“Currently, the U.S. is undergoing an unprecedented shift from buying
equipment to renting,” Crouch said, noting that construction equipment rental
revenue grows an average of seven per cent annually. “This puts us in a
very favorable position as we continue to expand our footprint in
various markets across the country.”
Previous owners Louis and Al Bertoia will take on new roles within the
Ontario Volvo Rents locations. Louis will serve as the Ontario operations manager while Al will become fleet manager for the division.
“The Centreline Group has been very successful in the equipment rental
industry throughout the southern Ontario market. Our success has been
driven by understanding and executing our company values, and by
understanding our customers’ requirements and exceeding their
expectations through a high level of service,” Bertoia said. “We
are a family run business that works well as a team. I believe that
joining the Volvo team is the best decision for the future growth of
Centreline and offers great opportunities for our team members. Volvo
shares our values, goals and visions and has responsive decision making.
Volvo was the right decision for us. We are excited to grow with Volvo
and execute our growth plans throughout Ontario.”
Print this page