Algeco Scotsman Acquires Caltin Containers
Algeco Scotsman, a leading global business services company focused on modular space and secure storage solutions, today announced the acquisition of Caltin Containers Ltd., a modular space supplier based in the United Kingdom.
The transaction is intended to support Algeco Scotsman's plans for global expansion. The assets from the acquisition will be integrated into Algeco's business operations in the United Kingdom, known as Elliott Hire.
The purchase enables the company to better serve oil and petrochemical companies throughout the region. "Caltin was a great acquisition for Elliott, strengthening our presence in Southwest Wales where there is growing demand for modular space among industrial businesses,' said Mark Eburne, Managing Director for Elliott. "This acquisition is in line with our ongoing efforts to further strengthen our global branch network by engaging new customer sectors and expanding our offering."