# 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.

- Type: Acquisition
- Announced: 2020-03-03
- Where: China
- Status: announced
- Products: equipment rental services
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Guangxi LiuGong Machinery](https://endata.com/companies/27250.md) (acquirer)
- [Hertz Equipment Rental Company Limited](https://endata.com/companies/45665.md) (target)
- [Herc Holdings](https://endata.com/companies/45666.md) (partner)

## Sources

- [rermag.com](https://www.rermag.com/mergers-acquisitions/article/21125323/liugong-acquires-rental-company-hertz-china), 2020-03-03: "Herc Holdings Inc. has sold all of its interest in Hertz Equipment Rental Company Limited (aka Hertz China) to Guangxi LiuGong Machinery Co. Ltd."

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