© Copyright Acquisition International 2024 - All Rights Reserved.

Article Image - WillScot Mobile Mini Holdings Announces Agreement to Divest UK Storage Segment
Posted 3rd January 2023

WillScot Mobile Mini Holdings Announces Agreement to Divest UK Storage Segment

Container hire specialist Mobile Mini UK has announced that Modulaire Group, the parent company of Algeco, Europe’s leading modular solutions brand, is acquiring Mobile Mini UK Holdings Limited (Mobile Mini UK) from Mobile Mini, Inc.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

WillScot Mobile Mini Holdings Announces Agreement to Divest UK Storage Segment
Close up of Business people shaking hands

Container hire specialist Mobile Mini UK has announced that Modulaire Group, the parent company of Algeco, Europe’s leading modular solutions brand, is acquiring Mobile Mini UK Holdings Limited (Mobile Mini UK) from Mobile Mini, Inc.

With a national network of 16 locations in the UK, Mobile Mini UK is one of the leading suppliers of steel storage units and anti-vandal portable offices and toilets. It operates a fleet of over 42,000 units for customers across sectors including construction, retail, manufacturing, healthcare, and education. The product offering is homogenous with the existing Algeco range. Together Algeco and Mobile Mini UK will create the UK’s largest accommodation hire fleet with 82,000 units.

The two organisations are closely aligned in their values too. They have shared commitments to market leading health and safety standards, as well as equality, diversion and inclusivity. Ethics play an important role in the way both do business, so customers and stakeholders can trust Algeco and Mobile Mini UK to do the right thing at all times.

Expansion in container solutions, which have seen strong growth in the last two years despite market conditions, will add strength to the Algeco organisation and continue to broaden and improve services to customers, who demand quality available accommodation, delivered quickly.

This acquisition further demonstrates the Algeco commitment to its strategy of building a sustainable future that is focused on its three core pillars of Environment, Social and Governance (ESG), with circularity, adaptability, and leasing at the core.

Tom Bruyea, Managing Director, Mobile Mini UK, said: “Mobile Mini UK has made tremendous progress over the past decade, which all our people should be very proud of. I’m certain that the business will continue to go from strength to strength under Algeco stewardship.”

Mark Higson, Group Chief Executive Officer of Modulaire Group, added: “Mobile Mini is a strong, strategic fit for Algeco and the combination of the two companies will drive significant value for both customers and stakeholders. It will help us further deliver the Algeco Vision to be the market leader in modular and temporary accommodation, operating as a trusted solutions adviser to customers.”

To discover more about Algeco: www.algeco.co.uk

For more information on Mobile Mini UK, visit: www.mobilemini.co.uk

Categories: M&A, News


You Might Also Like
Read Full PostRead - Eye Icon
Competitive Risk is Key to High Acquisition Values for Revenue-Stable Tech Companies
M&A
24/10/2023Competitive Risk is Key to High Acquisition Values for Revenue-Stable Tech Companies

The tech M&A ecosystem is not exclusive to startups and tech superpowers – established companies can still pursue M&A as a viable and profitable exit strategy.

Read Full PostRead - Eye Icon
The Future Of A Cashless Society
Finance
10/09/2019The Future Of A Cashless Society

As cash machines dwindle and users increasingly turn towards new and innovative forms of payment, Staff Writer Hannah Stevenson explores the direction is the market is moving in.

Read Full PostRead - Eye Icon
KPMG Advise Frasers Centrepoint’s Acquisition of MHDV
Legal
30/07/2015KPMG Advise Frasers Centrepoint’s Acquisition of MHDV

KPMG Advise Frasers Centrepoint's Acquisition of MHDV

Read Full PostRead - Eye Icon
What Can You Use A Business Administration Degree For?
Leadership
23/12/2020What Can You Use A Business Administration Degree For?

Investing in education is always a wise decision. Many opportunities open up when you become more educated. A business administration degree emphasizes planning, administration, leadership skills, and other aspects involved in running or managing a company.

Read Full PostRead - Eye Icon
5 Tips on How to Look After Your Company’s Financial Health
News
01/09/20235 Tips on How to Look After Your Company’s Financial Health

There were 13,125 business bankruptcies filed throughout the United States in 2022. To avoid this, you must make it a practice to look after your company’s financial health. As with our health, an organization’s financial well-being serves as an in

Read Full PostRead - Eye Icon
KPMG Yorkshire Advise Redhall Group During Cape PLC’s Acquisition
Finance
10/06/2015KPMG Yorkshire Advise Redhall Group During Cape PLC’s Acquisition

KPMG Yorkshire Advise Redhall Group During Cape PLC's Acquisition

Read Full PostRead - Eye Icon
Can You Get a Loan in Bitcoin
Finance
17/11/2021Can You Get a Loan in Bitcoin

Can you get a loan in bitcoin? It seems like an interesting question, but it bears some interesting answers. If you are curious about this subject, please do read on. In this article, I am going to show you how you can get a loan in bitcoins. By the time you h

Read Full PostRead - Eye Icon
How Your Business Can Gain A Competitive Advantage In Your Industry
News
18/08/2021How Your Business Can Gain A Competitive Advantage In Your Industry

Businesses of all shapes and sizes will all benefit from gaining a competitive advantage within their industry. Here’s how your business can start building for further success.

Read Full PostRead - Eye Icon
Resolving Franchising Disputes in the UK
Finance
29/02/2016Resolving Franchising Disputes in the UK

Franchising is the granting of a license by a franchisor to a franchisee, which entitles the franchisee to operate their own business using the franchisor’s brand, systems, knowhow and business model.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have 14 unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow