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PARK RIDGE, NJ Sept. 25, 2012   Hertz Global Holdings, Inc. (NYSE: HTZ) announced that Hertz Equipment Rental Corporation (HERC) european car rentals from north america has acquired Pioneer Equipment Rental and Sales, a leading Oklahoma-based construction and industrial equipment rental company, focused european car rentals from north america primarily on rentals to the industrial and construction markets, that services the Oklahoma, Southern Kansas and Northern Texas markets.
Pioneer european car rentals from north america Rental is another significant step in our commitment to diversify HERC geographically as well as to expand its product and service portfolio, commented Mark P. Frissora, european car rentals from north america Hertz Chairman and Chief Executive Officer. Pioneer Rental gives HERC an even larger footprint in the Oklahoma equipment rental market european car rentals from north america and access to a broader range of contractor and industrial business. The acquisition immediately increases european car rentals from north america HERC s overall market share, bringing to 12 the total number of HERC locations in Oklahoma, while advancing HERC s industrial penetration strategy particularly in the attractive oil and gas market.
The Oklahoma industrial european car rentals from north america and construction markets are slated to grow more than 20% in 2013. Pioneer Rental will add $25 million of annual revenue to HERC, and the acquisition will be accretive to Hertz s 2012 earnings.
I m very excited to join the Hertz team, commented John Redwine, President, Pioneer Rental. Hertz has been a strong player in this area and around the country for a long time. I m convinced that both the Hertz and Pioneer customers will greatly benefit with the expanded footprint european car rentals from north america and services that will be available to meet their equipment needs.
Established in 1998, Pioneer Equipment Rental and Sales is a leading, independent rental company specializing in the rental and sale of equipment for industrial, european car rentals from north america construction, earthmoving, and material handling customers. In addition, Pioneer offers european car rentals from north america extensive repair and maintenance programs european car rentals from north america with comprehensive parts, inventories, mobile service, planned maintenance, and fleet management.
Hertz Equipment Rental Corporation, a wholly owned subsidiary of The Hertz Corporation european car rentals from north america since 1965, operates one of the world s largest equipment rental businesses, offering a diverse line of equipment and tools for rent and sale. Products include aerial manlifts, air compressors and tools, earthmoving equipment and power generators, forklifts european car rentals from north america and material handling equipment, pumps, and trucks and trailers. Hertz Equipment also offers custom programs european car rentals from north america and equipment through its specialty service groups; Industrial european car rentals from north america Plant Services, Pump and Power Services, Aerial Services and Government Services. With approximately 325 locations in the United States, Canada, China and Europe, Hertz Equipment Rental offers daily, weekly, monthly and long-term rentals, tools and supplies, as well as new and used equipment for sale.
Hertz is the largest worldwide airport general use car rental brand, operating from approximately 8,500 corporate and licensee european car rentals from north america locations in approximately 150 countries in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East and New Zealand. Hertz is the number one airport car rental brand in the U.S. and at 119 major airports in Europe. In addition, the Company has sales and marketing centers in 60 countries which promote Hertz business both within and outside such country. Product and service initiatives such as Hertz Gold Choice, Hertz #1 Club Gold®, european car rentals from north america NeverLost® customized, onboard european car rentals from north america navigation systems, Sirius XM Satellite Radio, and unique cars and SUVs offered through the Company s Adrenaline Prestige european car rentals from north america and Green Traveler Collections, set Hertz apart from the competition. In 2008, the Company entered the global car sharing market european car rentals from north america with its service now referred to as Hertz On Demand which rents cars by the hour and/or by the day, at various locations european car rentals from north america in the U.S., Canada and Europe. Hertz also operates one of the world s largest equipment rental businesses, european car rentals from north america Hertz Equipment Rental Corporation, offering a diverse line of rental equipment, from small tools and supplies to earthmoving equipment, as well as new and used equipment for sale, to customers ranging from major industrial companies to local contractors and consumers, from approximately 315 branches in the United States, Canada, China, France, Spain, Italy and Saudi Arabia, as well as through its international licensees. Hertz also owns Donlen Corporation, based in Northbrook, Illinois, which is a leader in providing european car rentals from north america fleet leasing and management services.
EZ Franchise Information Request. Please Use This Form To Request More Information About This Franchise Opportunity. If You Are Interested In Potentially Becoming european car rentals from north america A Future Franchisee, Please Make Sure That You Meet The Minimum european car rentals from north america Investment Requirements. Thank You.
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