Innovations and Acquisitions in Equipment Rental Industry, July 2024
Key Ideas
- JCB unveils the G60RS H, a hydrogen generator powered by a hydrogen combustion engine, emphasizing zero-emissions while maintaining performance equivalent to diesel.
- Aggreko Energy Transition Solutions expands its solar power business by acquiring Infiniti Energy in the US, boosting solar assets and expertise in the sector.
- Herc Rentals strengthens its presence by acquiring Industrial Rental & Sales, enhancing its offerings in residential, industrial, and construction sectors.
- Kiloutou extends its operations into Germany by opening a new branch in Oberhausen, specializing in equipment rental including scissor lifts and forklifts.
The past week in the equipment rental industry showcased various advancements and acquisitions. JCB introduced the G60RS H, powered by a hydrogen combustion engine, promising zero-emissions without compromising performance. Aggreko Energy Transition Solutions expanded its solar power business by acquiring Infiniti Energy, adding solar assets and expertise. Herc Rentals acquired Industrial Rental & Sales, broadening its services in construction sectors. Kiloutou ventured into Germany by launching a new branch in Oberhausen, focusing on equipment rental. Additionally, the European Rental Association released guidance on reporting carbon emissions, vital for compliance with sustainability regulations in Europe.