GREENWICH, Conn. (Feb. 15, 2012) — United Rentals, Inc. (NYSE:URI) announced it has acquired the assets of Coble Trench Safety, a market leader in specialty rentals, with 11 locations in the Mid-Atlantic and Southeast region.
"We are delighted to expand our trench safety rentals business through the acquisition of Coble Trench Safety," said Paul McDonnell, Senior Vice President - Operation, Trench, Power & HVAC. "We're attracted to Coble's mix of government and industrial customers with very little branch overlap in strong markets. We were looking forward to working with Tom Coble, and were deeply saddened by his sudden and tragic passing. He was instrumental in developing innovative new technologies and customer safety training programs in support of the underground construction Industry. Tom was a pioneer in the industry and we intend to build on his legacy."
With the acquisition, United Rentals' trench presence grows to 93 locations in 28 states and Canada.
United Rentals, Inc. an equipment rental company in the world, has an integrated network of 529 rental locations in 48 states and 10 Canadian provinces. The company's approximately 7,500 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers for rent approximately 3,000 classes of equipment with a total original cost of $4.29 billion. United Rentals is a member of the Standard & Poor's MidCap 400 Index and the Russell 2000 Index® and is headquartered in Greenwich, Conn. Additional information about United Rentals is available at www.unitedrentals.com.
