United Rentals Acquires Remaining Branches from HSS RentX

June 22, 2005 — Greenwich, Conn.-based United Rentals has acquired all remaining HSS RentX branch locations in Colorado. HSS RentX, the American operation of British-based rental company HSS Hire Service Group Ltd., has a total of 14 operating rental locations in the state. Total revenues of the acquired branches were approximately $9 million for the last 12 months.

 

"With the acquisition of the HSS RentX branch network in Colorado, we have more than doubled our footprint in a vibrant construction market and substantially expanded our service to customers in this state,” said Robert Krause, vice president-northwest region for United Rentals. “Colorado's thriving economy and long-term construction forecast support strong demand for our equipment rentals, new equipment sales, and contractor supplies."