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Algeco Scotsman Acquires RB Farquhar (Hires) Ltd.


February 22, 2011 - Baltimore, MD

Algeco Scotsman, a leading global business services company focused on modular space and secure storage solutions, today announced the acquisition of RB Farquhar (Hires) Ltd., a provider of modular buildings and cabins in the U.K. Farquhar Hires' fleet and five operating branches will be integrated into Algeco's business operations in the United Kingdom, known as Elliott.

"This transaction allows us to better serve our customers who have operations throughout the British Isles," said Mark Eburne, managing director for Elliott. "The acquisition fortifies our business with a stronger local presence in Scotland and northern England."

As a result of the transaction, Algeco Scotsman has added nearly 4,000 units to its fleet and branch operations in the following locations: Warrington in England and Inverness, Aberdeen, Falkirk and Glasgow in Scotland.

About Algeco Scotsman
Algeco Scotsman is a leading global business services provider focused on modular space and storage solutions. Operating as Williams Scotsman in North America and Algeco in Europe, the company manages a fleet of more than 300,000 units, with operations in Belgium, Canada, China, Czech Republic, Estonia, Finland, France, Germany, Italy, Lithuania, Luxembourg, Mexico, Netherlands, Poland, Portugal, Romania, Russia, Slovakia, Spain, Sweden, United Arab Emirates, United Kingdom and United States. The company's reputation is grounded in exceptional customer service, effective management of business operations, and consistent product innovation. Algeco Scotsman's global presence combined with its local market expertise provides exemplary service tailored to meet the unique needs of customers throughout the world.

MarketWire

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