United Rentals has acquired Rent World, a construction equipment rental company with two facilities in Wainwright, Alberta, Canada. Rent World serves the fast-growing Keystone Pipeline marketplace in central Alberta.
Reports say the company, which also does significant business with a nearby military base, has a general contractor equipment inventory including aerial equipment, earthmoving and air compressors. Former owner Orlando Radies is expected to stay on and manage the facility.
Fred Hageman, principal of Rental Acquisitions LLC, represented Rent World in the transaction.