KBS - Equipment-as-a-Service - Market Insight

With 65 branches and nearly 1,200 employees, the acquisition of Riwal added around €310million in turnover to Boels Group, one of Europe’s largest rental companies with around 30 UK locations. RIWAL ACQUIRED BY BOELS RENTAL

Sunbelt and its parent company, Ashtead, acquired 26 rental businesses during FY2024 for a total amount of $845.6million. In 2023, it acquired more than 30 rental businesses for cash consideration of $1.061billion. These acquisitions were mostly in North America and the Caribbean, but Sunbelt Rentals UK acquired JLL Group, an Oxfordshire-based production and equipment rental partner. ASHSTEAD GROUP (SUNBELT RENTALS) ACQUISITIONS

United Rentals, the world’s largest equipment rental company, which has a UK division, expanded its presence in the Australian market with the acquisition of Shore Hire, a leading supplier of temporary work solutions. SHORE HIRE ACQUIRED BY UNITED RENTALS

Speedy Hire, the UK and Ireland’s leading provider of tools, specialist equipment and services, acquired sustainable power solutions specialist Green Power Hire for an enterprise value of £20.2million. GREEN POWER HIRE ACQUIRED BY SPEEDY HIRE