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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

LiuGong acquires Hertz China from Herc Holdings · Endata

◂ Announcements

Construction Materialsworld trade 2024+2.5% 5Y CAGR

Material Handlingworld trade 2024+4.6% 5Y CAGR

Mar 3, 2020ACQUISITIONChina

LiuGong acquires Hertz China from Herc Holdings

Guangxi LiuGong Machinery Co. Ltd. acquired Hertz Equipment Rental Company Limited (Hertz China) from Herc Holdings Inc. Terms were not disclosed. The transaction is subject to Chinese government approval and expected to close within 60 days.

Status

Announced

Productsequipment rental services

CompaniesGuangxi LiuGong Machinery acquirer Hertz Equipment Rental Company Limited target Herc Holdings partner

Sectors#Construction Materials #Material Handling

“Herc Holdings Inc. has sold all of its interest in Hertz Equipment Rental Company Limited (aka Hertz China) to Guangxi LiuGong Machinery Co. Ltd.”rermag.com

1 source
rermag.comLiuGong Acquires Rental Company Hertz China | Rental Equipment RegisterMar 3, 2020

Summarized from public sources; check the original articles before acting on it.

More from Guangxi LiuGong Machinery

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LiuGong to acquire UK dealership CPMS
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Feb 14, 2018EXPANSIONPithampur, India$5.00M
LiuGong invests $5M to expand Pithampur plant in India
Guangxi LiuGong Machinery LiuGong India equipmentindia.com
Nov 30, 2017ACQUISITIONShanghai, China$85.2M
LiuGong acquires 51% stake in Shanghai Jintai Engineering Machinery for $85M
Shanghai Jintai Engineering Machinery Co., Ltd. target Guangxi LiuGong Machinery acquirer liugong.com constructionbriefing.com
Sep 29, 2017EXPANSIONStalowa Wola, Podkarpackie, Poland$100.0Mops 28 Sep 2017
Liugong Dressta opens new production line and R&D center in Stalowa Wola, Poland
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