National Equipment Services (NES), a US rental company that is in general equipment as well as cranes, has acquired the operations of Brambles Equipment Services Inc (BESI).
BESI is the North American equipment rental operation of Australia’s Brambles Industries. The $122m takeover deal was announced on 2 January.
The acquisition brings together two companies built up by the same man. NES chief executive officer Kevin Rodgers became the first CEO of BESI in 1991 before quitting to set up NES in 1996. Rodgers said that the Brambles acquisition increased NES’s market presence in the Midwest and as a supplier to the automotive industry.
