Herc Holdings, a North American equipment rental supplier operating as Herc Rentals, completed the previously announced acquisition of substantially all the assets of Texas-based CBS Rentals.
CBS Rentals is a general equipment rental company with approximately 190 employees and 12 locations serving construction and industrial customers throughout Texas, as well as locations in Carlsbad, NM, and Kingsport, TN. The addition of CBS Rentals expands Herc Rentals’ presence in Texas to 38 physical locations, which collectively provide general and specialty equipment rental solutions and related services.
“I am pleased to welcome CBS Rentals to Team Herc,” Larry Silber, president and CEO of Herc Holdings, said. “Our combined teams and resources position Herc Rentals to be a preeminent equipment rental partner across Texas, serving a diverse mix of construction, industrial and government customers.”
As previously reported, earlier this month, Herc Holdings entered a purchase agreement to acquire substantially all the assets of CBS Rentals.
Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!