United Rentals completed the acquisition of General Finance for c.$996m.

United Rentals, the world's largest equipment rental company, completed the acquisition of General Finance, a provider of mobile storage and modular office space, for an enterprise value of c.$996m, including the assumption of $400m of net debt. “Our acquisition of General Finance will be a significant opportunity for us to further differentiate our value in the eyes of our customers, while providing attractive, long-term returns for our shareholders. We see strong growth potential from this combination, including our ability cross-sell mobile storage and office solutions to our customers. Our expansion into this space comfortably checks all three boxes of our M&A criteria - strategic rationale, financial impact and cultural fit,” Matthew Flannery, United Rentals President and CEO.