WillScot Mobile Mini announced it has acquired 616 Global Clearspans, a leading national temporary and semi-permanent clearspan structure company based in Tucson, Arizona. The acquisition further extends WillScot Mobile Mini’s comprehensive offering of temporary space solutions, adding capability to create more expansive space solutions for the Company’s core markets and providing growth opportunities in new end markets. Tim Boswell, President and Chief Financial Officer, commented, “Adding flexible clearspan structures to our already expansive portfolio of space solutions is another step in our strategy to make it easy for companies to get the right turnkey space they need for their projects. These highly configurable and durable temporary fabric structures are commonly utilized by existing customers across virtually all end markets that we serve. They also are complementary to our existing offering and often deployed together with our other modular space and storage solutions. As with our other solutions, we see opportunities to drive value-based pricing, expand our Essentials line of Value-Added Products and Services, and bring scale efficiencies to the 616GC operations across our North American footprint, all while delivering differentiated solutions and unrivaled service levels to our customers. The 616GC team and products are a terrific addition to WillScot Mobile Mini, and we are excited about the obvious commercial synergies in the combination.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on WSC:
- WillScot Mobile Mini Adds Clearspan Structures to its Portfolio of Temporary Space Solutions
- WillScot Mobile Mini initiated with an Overweight at Wells Fargo
- WillScot Mobile Mini to Participate in DA Davidson Industrials & Services Conference
- WillScot Mobile Mini Announces Pricing of Senior Secured Notes Offering
- WillScot Mobile Mini Announces $500 Million Senior Secured Notes Offering