M&A Deal Summary

Algeco Scotsman Acquires Net Modular Pty

On February 7, 2020, Algeco Scotsman acquired construction company Net Modular Pty

Acquisition Highlights
  • This is Algeco Scotsman’s 3rd transaction in the Construction sector.
  • This is Algeco Scotsman’s 1st transaction in Australia.

M&A Deal Summary

Date 2020-02-07
Target Net Modular Pty
Sector Construction
Buyer(s) Algeco Scotsman
Deal Type Add-on Acquisition

Target

Net Modular Pty

Rutherford, Australia
Net Modular Pty Ltd. specializes in the manufacturing and servicing of premium modular buildings for schools, has held contracts with the New South Wales (NSW) Department of education and public works. Net Modular was founded in 1983 and is based in Rutherford, Australia.

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Buyer(S) 1

Buyer

Algeco Scotsman

Baltimore, Maryland, United States

Category Company
Founded 2007
Sector Business Services
DESCRIPTION

Algeco Scotsman is a provider of global business services provider focused on modular space and secure portable storage solutions. Operating as Williams Scotsman in North America, Algeco in Continental Europe, Elliott in the United Kingdom, Eurobras in Brazil, Ausco in Australia, and Portacom in New Zealand, Algeco Scotsman manages a fleet of more than 310,000 units, with operations in 37 countries.


DEAL STATS #
Overall 7 of 7
Sector: Construction M&A 3 of 3
Type: Add-on Acquisition M&A Deals 7 of 7
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-23 Malthus Uniteam AS

Sandnes, Norway

Malthus Uniteam AS is a rental supplier of temporary building solutions to the civil engineering market and the public sector. Having provided camps for large projects in Norway, UK, and Canada, Malthus is recognized as a leader within the design, development, and operation of large construction camps. Apart from large camps, Malthus also supplies smaller portable buildings to the public sector, such as kindergartens, schools, and homes for the elderly. Malthus was formed in 1966 and is based in Sandiness, Norway.

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