Itqan Investments, VPower Group and CITIC Pacific acquire Byrne Equipment Rental

Itqan Investments, VPower Group and CITIC Pacific have acquired Byrne Equipment Rental LLC, a GCC rental equipment supplier, for approximately AED 1 billion. The deal includes Spacemaker, Byrne Technical Services and Byrne Medical Equipment Rental.

“The acquisition will support Byrne’s plans to grow into the Asian market and replicate the success the company has already achieved in the GCC region, and tap into a wider scope of power generation solutions in the GCC region.”zawya.com

• 1 source
• zawya.comItqan Investments, VPower Group and CITIC Pacific join hands in acquiring Byrne GroupPress ReleaseApr 24, 2018

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