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Tag: Volvo Rents
Dealers
BlueLine Rental takes first steps toward launching IPO
The offering is expected to commence when market conditions allow, subject to, among other things, completion of the SEC review process. More details here.
June 28, 2018
Business
BlueLine Rental expands footprint with acquisition of Trico Equipment Inc.
BlueLine Rental has announced that it will acquire Trico Equipment Inc. for an undisclosed amount. Trico, a rental company serving New Jersey, Pennsylvania, Maryland and Texas, specializes in aerial lift equipment. Trico’s senior leadership is expected to stay with BlueLine in management roles once the acquisition is completed. “Trico is a very complementary business for BlueLine […]
February 5, 2015
Business
BlueLine Rental acquires Alabama’s JustRuss Rental
BlueLine Rental, formerly Volvo rents,  is growing its presence in the state of Alabama. The small- to medium-sized construction rental equipment provider announced the acquisition of JustRuss Rental Inc. JustRuss is a full-service equipment rental company with three locations in Alabama. Terms of the deal were not disclosed. BlueLine CEO Phil Hobson said the deal […]
September 17, 2014
Business
In first meeting with press, new Volvo president Weissburg highlights innovation, discusses recent transactions
In his first comments to the press after taking the reins as president of Volvo Construction Equipment on January 1, Martin Weissburg noted his unhappiness with the company’s current financial status but highlighted forward thinking and discussed two of the company’s recent transactions. “While we’re not pleased with our recent financial results, we’re focusing on […]
March 5, 2014
Business
With acquisition finalized, Volvo Rents is now BlueLine Rental
After its acquisition by private equity firm Platinum Equity — finalized in January –Volvo Rents has been rebranded BlueLine Rental. With 130 rental stores in North America, BlueLine will continue to rent Volvo backhoes, skid steers, compact wheel loaders, compact excavators and compaction equipment, along with other machines and tools. Scott Hall, president of BlueLine, […]
February 10, 2014
Business
Volvo sells Volvo Rents equipment rental business to Platinum Equity
As rumored earlier this year, the Volvo Group has agreed to sell its Volvo Rents construction equipment rental business to Platinum Equity, a U.S.-based private equity firm, for $1.1 billion (SEK 7.5 billion). The sale should be completed during the first quarter of 2014. As a pre-requisite for the sale to go through, Platinum Equity […]
December 10, 2013
Business
Volvo considering sale of Volvo Rents equipment rental business, Bloomberg reports
Volvo is considering the sale of its North American construction equipment rental business, according to a new report from Bloomberg. Companies and private-equity firms are reportedly interested in buying the business, named Volvo Rents. The business may be worth between $1 billion and $1.5 billion, according to two sources that spoke to Bloomberg under anonymity. […]
May 24, 2013
Construction Equipment
Volvo Rents expands in Wisconsin
Volvo Rents has acquired FRED Rents, a two-location construction equipment rental company with stores in Madison and Neenah, Wisconsin. In addition to Volvo Rents’ line of Volvo compact 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 […]
October 26, 2012
Construction Equipment
Volvo Rents expands in California
Volvo Rents has acquired U Save Equipment Rentals, a single-location construction equipment rental company located at 125 Bayshore Avenue in San Francisco, California. This is Volvo Rents’ sixth Californian acquisition since the beginning of the year, bringing the company’s statewide presence to 13 rental centers. In addition to Volvo Rents’ line of Volvo compact […]
September 28, 2012
Construction Equipment
Volvo Rents launches Used Equipment section on website
Volvo Rents has launched a section on the company’s website dedicated to used equipment sales. This section is intended to make used equipment more visible to customers. Equipment featured in the designated section includes excavators, generators, aerial platforms, backhoes and skid steer loaders. All of the equipment on the website is located the United States, […]
September 11, 2012
Construction Equipment
Volvo Rents expands in Central Pennsylvania
Volvo Rents has acquired Sheffer Rents of Central Pennsylvania, a single location construction equipment rental company based in York. Previously co-owned by Volvo Rents franchisees Clint Sheffer and Susan Renoll, the center is located at 730 Neu Road in York and serves all of Central Pennsylvania. Sheffer Rents of Central Pennsylvania serves Berks, Chester, Cumberland, […]
August 23, 2012
Construction Equipment
Volvo Rents expands in Missouri
Volvo Rents has opened a new rental center at 2520 East Outer Road in Scott City, Missouri. This is Volvo Rents’ sixth rental center in Missouri. Other stores are located in Hollister, Kansas City, Springfield and St. Louis. The new rental center will service all of southeastern Missouri and certain areas in northern Kentucky and […]
August 20, 2012
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