BlueLine Rental
From Wikipedia, the free encyclopedia
BlueLine Rental, formerly Volvo Rents, was an American company that rented construction equipment to contractors and retail consumers through a network of company owned stores. The company specialized in renting a variety of construction equipment, ranging from small tools and light towers to large earthmoving equipment. It also offered services such as equipment maintenance and repair, on-site technical assistance, and equipment delivery.
 | |
| Founded | July 2, 2001 |
|---|---|
| Headquarters | The Woodlands, Texas, USA |
Key people | Asterios Satrazemis (CEO) |
| Products | Construction & Industrial Equipment Rentals and Sales |
| Website | www |
History
BlueLine Rental was founded as Volvo Rents on July 2, 2001.[citation needed]
Volvo Rents was a wholly owned subsidiary of the Volvo Group, which is a publicly held company headquartered in Gothenburg, Sweden. Volvo Rents had more 185 locations in North America.[1] As of May 2011, the company was number 17 on the annual RER 100.[2]
In February 2014, Volvo Rents was sold to Platinum Equity and changed its name to BlueLine Rental.[3]
In January 2016, Asterios Satrazemis was appointed as CEO of BlueLine Rental.[4]
On September 11, 2018, United Rentals announced an agreement to purchase BlueLine Rental from Platinum Equity for about $2.1 billion in cash. The deal closed in the fourth quarter of 2018.[5]
