H&E Equipment Services Signs Definitive Agreement To Acquire Lewistown Rental and Affiliated Companies
H&E Equipment Services, Inc. (HEES)
Last h&e equipment services, inc. earnings: 2/20 07:00 am
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Source: Business Wire
BATON ROUGE, La.--(BUSINESS WIRE)--H&E Equipment Services, Inc. (“H&E” or the “Company”) (NASDAQ: HEES) today announced the signing of a definitive agreement to acquire Lewistown Rental, a Lewistown, Montana-based equipment rental business and three of its affiliated rental operations in Havre, Glasgow and Great Falls, Montana. Each location serves multiple end markets, including non-residential, industrial and agriculture. The company and its affiliates deploy a diverse fleet of equipment with a total estimated fleet value, as measured by original equipment cost, of $28.5 million. The transaction is expected to close in the second quarter of 2024, following the satisfaction of customary closing conditions.Brad Barber, chief executive officer of H&E, stated, “Lewistown Rental, together with its affiliated operations, has demonstrated impressive growth over the past several years by addressing a unique customer base across underserved markets in northern and central Montana, utiliz
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- 4/2/24 - Form DEFA14A
- HEES's page on the SEC website