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Algeco Scotsman Buys Modular Buildings and Cabins Provider

Algeco Scotsman, a leading global business services company focused on modular space and secure storage solutions, today announced the acquisition of RB Farquhar (Hires) Ltd., a provider of modular buildings and cabins in the U.K. Farquhar Hires' fleet and five operating branches will be integrated into Algeco's business operations in the United Kingdom, known as Elliott.

"This transaction allows us to better serve our customers who have operations throughout the British Isles," said Mark Eburne, managing director for Elliott. "The acquisition fortifies our business with a stronger local presence in Scotland and northern England."

As a result of the transaction, Algeco Scotsman has added nearly 4,000 units to its fleet and branch operations in the following locations: Warrington in England and Inverness, Aberdeen, Falkirk and Glasgow in Scotland.

Source: http://www.algecoscotsman.com/

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