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BlueLine Rental, formerly Volvo Rents, is an American company that rents 
"Volvo Said to Explore Sale of North American Rental Business"
Bloomberg.com 23 May 2013 As of May 2011, the company was number 17 on the annual RER 100.Roth, Michael
"2006: Another Great Leap Forward"
''Rental Equipment Register'' 1 May 2007. In February 2014, Volvo Rents was sold to
"Volvo Rents Becomes BlueLine Rental"
. "Diesel Progress" 7 February 2014 In January 2016, Asterios Satrazemis was appointed as CEO of BlueLine Rental. On September 11, 2018, United Rentals announced an agreement to purchase BlueLine Rental from Platinum Equity for about $2.1 billion in cash. The deal is expected to close in the fourth quarter of 2018.
Official site
Construction equipment rental companies Companies based in The Woodlands, Texas 2001 establishments in Texas American companies established in 2001 Business services companies established in 2001 2018 mergers and acquisitions {{US-company-stub
construction equipment
Heavy equipment or heavy machinery refers to heavy-duty vehicles specially designed to execute construction tasks, most frequently involving earthwork operations or other large construction tasks. ''Heavy equipment'' usually comprises five ...
to contractors and retail consumers through a network of company owned stores. The company specializes in renting a variety of construction equipment, ranging from small tools and light towers to large earthmoving equipment. It also offers services such as equipment maintenance and repair, on-site technical assistance, and equipment delivery.
History
BlueLine Rental was founded as Volvo Rents on July 2, 2001. Volvo Rents was a wholly owned subsidiary of theVolvo Group
The Volvo Group ( sv, Volvokoncernen; legally Aktiebolaget Volvo, shortened to AB Volvo, stylized as VOLVO) is a Swedish multinational manufacturing corporation headquartered in Gothenburg. While its core activity is the production, distributio ...
, which is a publicly held company headquartered in Gothenburg, Sweden
Gothenburg (; abbreviated Gbg; sv, Göteborg ) is the second-largest city in Sweden, fifth-largest in the Nordic countries, and capital of the Västra Götaland County. It is situated by the Kattegat, on the west coast of Sweden, and has a ...
. Volvo Rents had more 185 locations in North America.Aaron Kirchfeld & Adam Ewin"Volvo Said to Explore Sale of North American Rental Business"
Bloomberg.com 23 May 2013 As of May 2011, the company was number 17 on the annual RER 100.Roth, Michael
"2006: Another Great Leap Forward"
''Rental Equipment Register'' 1 May 2007. In February 2014, Volvo Rents was sold to
Platinum Equity
Platinum Equity, LLC is an American private equity investment firm founded by Tom Gores in 1995. The firm focuses on leveraged buyout investments of established companies in the U.S., Europe and Asia.
History
Platinum Equity was founded in 19 ...
and changed its name to BlueLine Rental.Staff"Volvo Rents Becomes BlueLine Rental"
. "Diesel Progress" 7 February 2014 In January 2016, Asterios Satrazemis was appointed as CEO of BlueLine Rental. On September 11, 2018, United Rentals announced an agreement to purchase BlueLine Rental from Platinum Equity for about $2.1 billion in cash. The deal is expected to close in the fourth quarter of 2018.
References
External links
Official site
Construction equipment rental companies Companies based in The Woodlands, Texas 2001 establishments in Texas American companies established in 2001 Business services companies established in 2001 2018 mergers and acquisitions {{US-company-stub