United Rentals expands in Australia
24 June 2024
Orange Hire renta earthmoving and traffic management equipment. (Photo: Orange Hire)
United Rentals has acquired Australia-based rental company Orange Hire from its private equity owner Arcadia Capital. No financial details of the transaction have been revealed.
Founded in 2005 and headquartered in Blacktown, New South Wales, Orange Hire rents a range of earthmoving and traffic management equipment. The company operates eight branches across Queensland, Victoria and New South Wales.
Following the acquisition the company will operate under the name of United Rentals Australia, while it will still trade under its current name.
The existing members of staff, which comprises of approximately 87 employees, will remain in place, the company said.
Greg Parfitt, director, Orange Hire, said, “This acquisition marks an exciting new chapter for Orange Hire and our customers. By joining forces with United Rentals, we are bringing together unparalleled expertise and resources that will greatly enhance our ability to serve our customers.
“Our commitment to quality and innovation remains steadfast, and we are excited about the opportunities this partnership presents. Our customers can look forward to an expanded range of services and solutions, backed by the world-class support of United Rentals.”
The deal further expands the network of branches that United Rentals operates in Australia, adding to its 23 existing locations.
