United Rentals Acquires HSS RentX Colorado Branches
Greenwich, CT - Jun 21, 2005
United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced that it has acquired all remaining HSS RentX branch locations in Colorado. HSS RentX, the American operation of British-based rental company HSS Hire Service Group Ltd., has a total of 14 operating rental locations in the state. Total revenues of the acquired branches were approximately $9 million for the last 12 months.
Robert Krause, vice president-northwest region for United Rentals, said, "With the acquisition of the HSS RentX branch network in Colorado, we have more than doubled our footprint in a vibrant construction market and substantially expanded our service to customers in this state. Colorado's thriving economy and long-term construction forecast support strong demand for our equipment rentals, new equipment sales and contractor supplies."
About United Rentals
United Rentals, Inc. is the largest equipment rental company in the world, with an integrated network of more than 730 rental locations in 48 states, 10 Canadian provinces and Mexico. The company's 12,900 employees serve construction and industrial customers, utilities, municipalities, homeowners and others. The company offers for rent over 600 different types of equipment with a total original cost of $3.7 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.
VP, Investor Relations and Corporate Communications
United Rentals, Inc.