09:34 AM EDT, 06/02/2025 (MT Newswires) -- Herc Holdings ( HRI ) said Monday that it has completed its acquisition of H&E Equipment Services ( HEES ) , which had previously operated as H&E Rentals and is now a unit of the construction equipment rental company.

The deal comes after Herc Holdings ( HRI ) completed its tender offer for H&E shares late last week, with 69% of the company's investors accepting its offer to buy its rival for $104.89 per share, including $78.75 in cash and the issuiance of 0.1287 shares of its common stock by the May 30 deadline.

H&E shares have ceased trading and will be delisted from the Nasdaq stock exchange, the companies said.