financetom
Business
financetom
/
Business
/
H&E Equipment Services to Acquire Montana-Based Lewistown Rental
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
H&E Equipment Services to Acquire Montana-Based Lewistown Rental
Apr 11, 2024 6:39 AM

09:21 AM EDT, 04/11/2024 (MT Newswires) -- H&E Equipment Services ( HEES ) said Thursday it has agreed to acquire Lewistown Rental, a Montana-based equipment rental business and three of its affiliated rental operations in the state.

Financial terms of the deal, which is expected to close in Q2, were not disclosed

H&E said Lewistown Rental and its affiliates have a total estimated fleet value of $28.5 million, as measured by original equipment costs.

Following the acquisition, H&E said it will have equipment rental operations at 145 locations in 30 states.

Price: 62.97, Change: -0.11, Percent Change: -0.17

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cummins Acquires First Mode Assets for Hybrid Mining, Rail Expansion
Cummins Acquires First Mode Assets for Hybrid Mining, Rail Expansion
Mar 11, 2025
08:44 AM EDT, 03/11/2025 (MT Newswires) -- Cummins (CMI) shares were edging higher premarket Tuesday after the company said it acquired assets of First Mode, including hybrid mining and rail product lines, intellectual property, and technical teams in Australia, the US, and Chile. Financial terms were not provided. The company said the deal gives it control of First Mode's hybrid...
AtkinsRealis Secures Contract to Manage San Francisco Airport's Airfield Improvement Program
AtkinsRealis Secures Contract to Manage San Francisco Airport's Airfield Improvement Program
Mar 11, 2025
08:44 AM EDT, 03/11/2025 (MT Newswires) -- AtkinsRealis Group ( SNCAF ) said Tuesday that it secured a contract to manage the airfield improvement program at the San Francisco International Airport from 2024-2029. Under the contract, AtkinsRealis ( SNCAF ) will support the airport's continued growth, improved airfield safety, and infrastructure maintenance to accommodate air traffic demand. The company said...
Guardant Health Says Colorectal Cancer Test Granted ADLT Status
Guardant Health Says Colorectal Cancer Test Granted ADLT Status
Mar 11, 2025
08:47 AM EDT, 03/11/2025 (MT Newswires) -- Guardant Health ( GH ) said Tuesday that the Centers for Medicare and Medicaid Services has granted Advanced Diagnostic Laboratory Test, or ADLT, status for Guardant's Shield blood test to screen for colorectal cancer. Guardant said the ADLT designation means the Shield test meets the criteria for providing clinical information that can't be...
RB Global to Acquire J.M. Wood Auction for Undisclosed Sum
RB Global to Acquire J.M. Wood Auction for Undisclosed Sum
Mar 11, 2025
08:45 AM EDT, 03/11/2025 (MT Newswires) -- RB Global ( RBA ) , an omnichannel marketplace, on Tuesday said it will buy J.M. Wood Auction for an undisclosed amount. This move enhances our geographic coverage in Alabama and adjacent states and brings along the Wood family and their talented team of sales professionals with deep local relationships on board, said...
Copyright 2023-2026 - www.financetom.com All Rights Reserved