# Herc Holdings acquires Otay Mesa Sales for $264 million

Herc Holdings acquired the assets of California-based machinery and forklift sales company Otay Mesa Sales for approximately $264 million. Otay has about 135 employees and four locations serving San Diego, Phoenix and Yuma.

- Type: Acquisition
- Announced: 2024-08-07
- Where: San Diego, California; Phoenix and Yuma, Arizona, United States
- Value: $264.0M
- Jobs: 135
- Status: completed
- Products: general equipment rental, forklifts, machinery
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Herc Holdings](https://endata.com/companies/45666.md) (acquirer)
- [Otay Mesa Sales](https://endata.com/companies/79065.md) (target)

## Sources

- [forkliftaction.com](https://www.forkliftaction.com/news/herc-acquires-otay-mesa-sales.aspx?n=29416), 2024-08-07: "In July 2024, the Company acquired the assets of Otay Mesa Sales ('Otay') for approximately USD264 million."

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