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United Rentals, Inc. (NYSE: URI), Stamford, CT, said its Canadian subsidiary, United Rentals of Canada, will acquire WesternOne Rentals & Sales LP from parent company WesternOne Inc. for approximately $91.8 million in cash. The deal is expected to close before the end of the year, the company said.
WesternOne is a regional equipment rental provider of aerial lifts and heat solutions in Western Canada, and also provides temporary power, general construction equipment and fuel delivery. The firm has 12 locations and approximately 330 employees serving non-residential construction and industrial customers in Alberta, British Columbia and Manitoba.