CALGARY — Mississauga, Ont.-based Cooper Equipment Rentals Limited recently announced it has acquired Modern Industrial Rentals (1978) Ltd. of Calgary.
Established in 1978, Modern Rentals is a construction and industrial equipment rental company that serves a southern Alberta client base from its branches in Calgary and Medicine Hat, said a Jan. 16 statement.
Cooper, founded six years earlier, services contractors throughout Ontario and in parts of Quebec and Alberta, specializing in compact equipment, aerial access and trench safety equipment as well as a range of general construction equipment and supplies. The company operates 30 rental locations.
“We are excited about the opportunity to strengthen our business in Western Canada with the addition of Modern Rentals’ experienced team of rental professionals, quality equipment fleet, and strategically located branch facilities,” said Doug Dougherty, president of Cooper, in the statement.
Justin Wharton, regional manager for Southern Alberta, commented, “This transaction, as a follow up to the acquisition of Alberta Lift in July 2017, will allow Cooper to leverage its position as the premium aerial equipment supplier in Southern Alberta and bring the full range of equipment rental services to Cooper’s and Modern’s valued customers.”
Cooper received a majority investment from Halifax-based SeaFort Capital in 2013.
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