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News » Canada » Calgary rental business changes hands » published 16 Jan 2018

Calgary rental business changes hands

Cooper Equipment Rentals has acquired Calgary-based Modern Industrial Rentals.

Modern Rentals, which was established in 1978, rents out construction and industrial equipment from its branches in Calgary and Medicine Hat.

"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 Equipment. 

Cooper Equipment, which was formed in 1972, is a full-service construction equipment rental company, servicing contractors throughout Ontario and parts of Quebec and Alberta. It specializes in compact equipment, aerial access and trench safety equipment. The company operates 30 rental locations. In 2013 Cooper received a majority investment from Halifax-based SeaFort Capital, which makes controlling investments in small and medium-sized Canadian businesses and partners with experienced managers to build value.

 

MPU

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This article was published on 16 Jan 2018 (last updated on 16 Jan 2018).

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