UK rental business to sell entire fleet after sister firm goes into administration

Corbyn Plant Hire said it had appointed Euro Auctions to manage the sale of its complete portfolio of assets following news that Corbyn Construction entered into administration in May 2025. Corbyn Plant Hire, which is not in administration, said that it would be selling its entire fleet of ‘fully owned’ machines and equipment which includes […]

Home Depot expands product distribution with $5.5bn deal

The Home Depot in the US is to acquire building products distributor GMS Inc for US$5.5 billion, including net debt. The deal is being made through Home Depot’s trade subsidiary SRS Distribution and will further expand its position supplying building products to professional customers. SRS, which was acquired by Home Depot in 2024, has 800 […]

Gulf giga-projects fuel surge in construction equipment rental demand

A wave of giga-projects across the Gulf—most notably in Saudi Arabia—is triggering unprecedented demand for construction equipment rentals, as regional governments push ahead with large-scale infrastructure schemes to diversify their economies and accommodate rapid population growth. In 2024 alone, Saudi Arabia awarded an estimated $148bn in construction contracts, the highest annual figure ever recorded by […]

Sunbelt Rental UK aims for “smarter decisions” with Salesforce partnership

Sunbelt Rentals UK & Ireland has partnered with Salesforce, the customer relationship management (CRM) platform, as part of its strategy to transform its digital operations. The deal will include implementation of Saleforce’s AI package, Agentforce, which creates autonomous AI agents to handle tasks and support for employees and customers. Phil Parker, CEO of Sunbelt Rentals […]

EquipmentShare reveals scale of US rental business

EquipmentShare, the fast-growing US rental business, has revealed revenues of US$3.9 billion for the 12 months to 31 March 2025. That takes it into the same size territory as Herc Rentals in terms of revenues (before Herc’s acquisition of H&E Equipment) and make it a top four rental business in the US and worldwide. The […]