Strongco Income Fund, Mississauga, Ontario, announced last week that it has completed the sale of its aerial lift rental operations in Ontario to Voisin's Equipment Rental Ltd. effective Dec. 1, 2007. Voisin's Equipment Rental has a management team with extensive experience in the aerial lift rental business.
“This sale completes Strongco's divestment from its rent to rent aerial lift business and furthers Strongco's strategic objective of continuing to focus on its core equipment distribution activities throughout Canada,” said Robin MacLean, president and CEO of Strongco. “This allows Strongco to redirect resources to our growing crane operations.”
The Fund is a trust established to hold the securities of Strongco Limited Partnership, a full-line equipment sales and service provider.
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