Wheeler Machinery Co. completes acquisition of Diamond Equipment & Tool Rental to expand its Cat Rental Store division
Acquiring Company
Wheeler Machinery
Acquired Company
Diamond Equipment & Tool Rental
Description
Wheeler Machinery Co. has strategically acquired Diamond Equipment & Tool Rental, significantly expanding Wheeler’s Cat Rental Store division with an enlarged footprint and an enhanced product offering. This acquisition reaffirms Wheeler’s position as a one-stop shop for all equipment rental needs in Utah and broadens its reach and product portfolio.
Quick answer
Wheeler Machinery is acquiring Diamond Equipment & Tool Rental, announced August 19, 2024. Wheeler Machinery is based in Salt Lake City, Utah, United States.
- How much did Wheeler Machinery pay for Diamond Equipment & Tool Rental?
- The deal value was not disclosed.
- What does Wheeler Machinery do?
- Wheeler Machinery Co. is Utah’s Cat dealer, serving the state since 1951.
- Where are Wheeler Machinery and Diamond Equipment & Tool Rental based?
- Wheeler Machinery is based in Salt Lake City, Utah, United States. Diamond Equipment & Tool Rental is based in Salt Lake City, Utah, United States.
- Who are the decision-makers at Wheeler Machinery?
- Fundz holds 1 contact at Wheeler Machinery. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Wheeler Machinery, and when
When Wheeler Machinery changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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Frequently asked
Who acquired Diamond Equipment & Tool Rental?
Diamond Equipment & Tool Rental was acquired by Wheeler Machinery, based in Salt Lake City. The deal was reported on August 19, 2024. Wheeler Machinery Co. is Utah’s Cat dealer, serving the state since 1951. Wheeler Machinery is privately held and operates in Manufacturing.
When did Wheeler Machinery acquire Diamond Equipment & Tool Rental?
Wheeler Machinery's acquisition of Diamond Equipment & Tool Rental was reported on August 19, 2024. Wheeler Machinery Co. has strategically acquired Diamond Equipment & Tool Rental, significantly expanding Wheeler’s Cat Rental Store division with an enlarged footprint and an enhanced product offering. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Diamond Equipment & Tool Rental do?
Diamond Equipment & Tool Rental is a leading rental provider of short- and long-term rentals across a huge variety of tools and equipment in Utah. It has a strong presence and a loyal customer base in Utah. It is privately held, operating in Real Estate, and is based in Salt Lake City.
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