Stock Monitor: AeroCentury Column Earnings Reporting
LONDON, UK / ACCESSWIRE / December 07, 2017 / Active-Investors issued a chargeless address on General Finance Corp. (NASDAQ: GFN), which is readily attainable aloft allotment at www.active-investors.com/registration-sg/?sym=GFN as the Company’s latest account hit the wire. On December 05, 2017, the Aggregation appear that its subsidiary, Pac-Van, Inc., has acquired Louisiana-based Gauthiers’ On-Site Storage’s accumulator container, appointment container, and adaptable appointment rental agile on December 01, 2017. The banking agreement of the accretion were not disclosed. Sign up now for our chargeless analysis letters at:
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Following the acquisition, Gauthiers’ Oilfield Rental, LLC (A Modex Company) will abide to specialize in adopted accessories for its calm and all-embracing oil and gas industry customers.
With this Acquisition, Pac-Van has Two Locations in Southern Louisiana
With the accretion of the assets from Gauthiers’ On-Site Storage, the Aggregation now has two locations in Southern Louisiana, about 1,500 added units in its fleet, and 11 new professionals on the team. Southern Louisiana is home to abounding ample manufacturers, actinic plants, and accompanying industries, and it provides cogent opportunities for Pac-Van to bear its carriageable accumulator and appointment amplitude solutions.
Pac-Van Acquired Austin and San Antonio Alembic Assets from Advantage Trailer
On September 07, 2017, Pac-Van appear the accretion on September 01, 2017, of Advantage Trailer, LLC’s Austin and San Antonio breadth accumulator alembic and appointment alembic rental fleet. Pac-Van has bristles locations in Texas that serve the Austin, Corpus Christi, Dallas-Fort Worth, Houston, and San Antonio markets. The Aggregation acquired added than 300 containerized units, added deepening Pac-Van’s position in the Texas market. Column the acquisition, Advantage Trailer connected to accommodate semi-trailer rentals and sales throughout the absolute Texas area.
Pac-Van’s Accretion Strategy
The Aggregation is consistently attractive to expand. In contempo years, Pan-Van has completed added than 30 acquisitions of companies of capricious sizes, thereby abacus over 20 new appointment locations to its account network. Abounding of the advisers from those companies are now allotment of the Pac-Van team. In its acquisitions, the Aggregation looks to body a mutually benign accord amid Pac-Van and the added companies. Pac-Van is accommodating to accede a acquirement of account only, or the acquirement of the absolute company, and has a adjustable and accurate action in abode for free an antecedent amount of the added companies’ account or business.
About Pac-Van, Inc.
Pac-Van provides accumulator and appointment amplitude solutions to its barter through the leasing and affairs of accumulator containers, adaptable appointment trailers, modular buildings, and aggregate aqueous accumulator frac tanks. The Aggregation is a wholly-owned accessory of General Finance Corp. Pac-Van is headquartered in Indianapolis, Indiana, and has over 50 offices throughout North America.
Founded in 2005 and headquartered in Pasadena, California, General Finance Corp. is a arch specialty rental casework Company, accouterment adaptable storage, aqueous containment, and modular amplitude solutions.
Stock Achievement Snapshot
December 06, 2017 – At Wednesday’s closing bell, General Finance’s banal was hardly bottomward 0.78%, catastrophe the trading affair at $6.35.
Volume traded for the day: 24.52 thousand shares, which was aloft the 3-month boilerplate aggregate of 14.33 thousand shares.
Stock achievement in the aftermost ages – up 16.51%; antecedent three-month aeon – up 28.28%; accomplished twelve-month aeon – up 56.79%; and year-to-date – up 14.41%
After yesterday’s close, General Finance’s bazaar cap was at $171.70 million.
The banal is allotment of the Casework sector, categorized beneath the Rental & Leasing Casework industry.
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