United Rentals, Greenwich, Conn., announced last week it has acquired the operating assets of Leasco Equipment Services. The Marietta, Ohio-based rental company serves the industrial sector and focuses on power generation, petroleum, chemical, and pulp and paper companies.
Michael Kneeland, chief executive officer of United Rentals, said, “Leasco is a company with strong customer relationships built on 20 years of expertise in industrial rentals, and we are delighted that its senior management will be joining our team, said Michael Kneeland, CEO of United Rentals. “This acquisition advances our strategy to expand our company’s presence in the industrial segment.”
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