Onsite Rental Group has this week announced its acquisition of Western Australian equipment hire business GCS Hire – the equipment hire division of Global Construction Services Limited.
According to a statement from Onsite, the acquisition of the WA plant and equipment hire business is complementary to the company from both a customer and fleet perspective.
“There are strong synergies between the two businesses,” said Mike Foureur, Onsite CEO, in a statement.
“GCS Hire’s customer base is complementary to Onsite’s and its fleet is closely aligned to Onsite’s. This provides us with enhanced capabilities in terms of fleet to bid on contracts with our strong national footprint.”
The statement also said that GCS customers will continue to be well supported while any surplus fleet will be redeployed to the eastern states to support Onsite’s growth there, which is underpinned by the resurgence in investment in infrastructure projects.
“The acquisition of GCS Hire is transformative for our business, significantly broadening our customer base and enhancing our asset profile giving us considerable flexibility to better serve our customers from our national platform,” said Mr. Foureur.