# Armac acquires Rental Company do Brasil for R$25.6 million

Armac Locação, Logística e Serviços acquired 100% of Rental Company do Brasil (RCB), a specialist in aerial platform rental, for R$25.6 million, plus assumption of R$17.3 million in net debt.

- Type: Acquisition
- Announced: 2021-08-22
- Where: Brazil, Brazil
- Value: $4.80M (25.6M BRL)
- Status: completed
- Products: aerial platforms, elevating platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Armac Locação, Logística e Serviços](https://endata.com/companies/57237.md) (acquirer)
- [Rental Company do Brasil](https://endata.com/companies/57238.md) (target)

## Sources

- [fusoesaquisicoes.com](https://fusoesaquisicoes.com/acontece-no-setor/armac-adquire-rental-company-do-brasil-por-r-256-milhoes/), 2021-08-22: "A aquisição da RCB foi aprovada pelo Conselho de Administração da ARMAC e não foram verificadas as hipóteses previstas no artigo 256 da Lei das S.A."

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