Algeco Scotsman Announces Acquisition of A1 Container
BALTIMORE, MD (June 6, 2011)
Algeco Scotsman, a leading global business services company focused on modular space and secure storage solutions, today announced it has acquired A1 Container with businesses in Austria, Hungary and Slovenia.
"This transaction will allow us to supply high quality modular, sanitary and storage units to new customers in Austria, Hungary and Slovenia," said Angèle Brucker, managing director, Algeco Central Europe. "We welcome A1 customers and look forward to serving the needs of public administration, event, industrial and construction organizations from these new operating locations."
Through this acquisition, Algeco Scotsman will increase its fleet by more than 3,000 units across Austria, Hungary and Slovenia.
"Our entry into these three new country markets, adjacent to our current markets in the region, strengthens our position in Central Europe," said Duncan Gillis, chief executive officer of Algeco Scotsman. "Following last week's announcement of a planned transaction involving Ausco, a leading business services provider in the Asia Pacific region, the addition of A1 reinforces our continued expansion and, as with Ausco and Portacom in Australia and New Zealand respectively, provides increased geographic balance across our portfolio of operating companies."