The 2020 Mid-Year Economic Update_long

United Rentals Agrees to Acquire Neff Rental

Acquisition valued at $1.3 billion will expand United's Southeastern U.S. footprint.

United Rentals Inc. (NYSE: URI), Stamford, CT, has agreed to acquire Neff Corp., operating as Neff Rental, Miami, FL, for $1.3 billion.

Neff, with annual sales of $419 million, has 69 branches and 1,200 employees in 14 states with a concentration in the Southeastern U.S.

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