# United Rentals to acquire NES Rentals for $965 million

United Rentals agreed to buy NES Rentals Holdings II Inc for about $965 million in cash, expanding its presence in the U.S. East Coast, Gulf states and Midwest.

- Type: Acquisition
- Announced: 2017-01-25
- Where: United States
- Value: $965.0M
- Status: announced
- Products: construction equipment rental (cranes, forklifts)
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [United Rentals](https://endata.com/companies/3530.md) (acquirer)
- [NES Rentals Holdings II](https://endata.com/companies/21723.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/business/united-rentals-to-buy-nes-rentals-for-965-million-idUSKBN1592RX/), 2017-01-25: "United Rentals Inc , the world's largest equipment rental company, said on Wednesday it would buy NES Rentals Holdings II Inc for about $965 million in cash."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.