Herc Holdings Inc. acquired Assets of Otay Mesa Sales from Otay Mesa Sales, Inc. for approximately $273 million.
July 22, 2024
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Herc Holdings Inc. (NYSE:HRI) acquired Assets of Otay Mesa Sales from Otay Mesa Sales, Inc. for approximately $273 million in July 16, 2024. Otay Mesa has 135 employees.
Herc Holdings Inc. (NYSE:HRI) completed the acquisition of Assets of Otay Mesa Sales from Otay Mesa Sales, Inc. in July 16, 2024.
Herc Holdings Inc. is an equipment rental supplier. The Company offers a portfolio of equipment for rent. In addition to its principal business of equipment rental, the Company sells used equipment and contractor supplies such as construction consumables, tools, small equipment and safety supplies; provides repair, maintenance, equipment management services and safety training to certain of its customers; offers equipment re-rental services and provides on-site support to its customers, and provides ancillary services such as equipment transport, rental protection, cleaning, refueling and labor. Its fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction and lighting. Its ProContractor business focuses on professional-grade tools and equipment, and offers industry-specific solutions-based services, which include power generation, climate control, remediation and restoration, pumps, trench shoring, studio and production equipment.
HERC HOLDINGS INC. 
