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Slide #20. Hertz Equipment Rental Co. — Pioneer Rental
Hertz Equipment Rental Co. (NASDAQ:HTZ)
Hertz Global Holdings, Inc.announced that Hertz Equipment Rental Corporation (HERC) has acquired Pioneer Equipment Rental and Sales, a leading Oklahoma-based construction and industrial equipment rental company, focused primarily on rentals to the industrial and construction markets, that services the Oklahoma, Southern Kansas and Northern Texas markets.
Hertz Global Holdings is a holding company. Through its subsidiaries, Co. operates its vehicle rental business through the Hertz, Dollar and Thrifty brands in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East and New Zealand. Co. is also a provider of integrated vehicle leasing and fleet management solutions. Co.'s segments are: U.S. RAC, which includes rental of vehicles, as well as sales of services, in the U.S.; International RAC, which includes rental and leasing of vehicles, as well as sales of services, internationally; and All Other Operations, which provides integrated vehicle leasing and fleet management solutions in the U.S. and Canada.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 85% of all stocks covered)
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