Volvo Rents
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BlueLine Rental, formerly Volvo Rents, is an American company that rents construction equipment 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 the Volvo Group, 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 North America is a continent in the Northern Hemisphere and almost entirely within the Western Hemisphere. It is bordered to the north by the Arctic Ocean, to the east by the Atlantic Ocean, to the southeast by South America and the Car ...
.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 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 United Rentals, Inc. () is the world's largest equipment rental company, with about 13 percent of the North American market share as of 2019. It owns the largest rental fleet in the world with approximately 4,700 classes of equipment totaling abo ...
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