INDIANAPOLIS, Sept. 24, 2018 /PRNewswire/ -- General Finance
Corporation (NASDAQ: GFN) subsidiary Pac-Van, Inc. announced its
acquisition of the assets of Instant Storage, with locations in
both Miami, Florida and
Bakersfield, California. Instant
Storage provides its customers with portable storage containers,
storage trailers and office containers.
"The acquisition of the assets of Instant Storage provides
Pac-Van with more than 2,200 additional fleet rental units and adds
fourteen new professionals to our team," said Jody Miller, CEO of General Finance
Corporation. "With these newly acquired assets, we are able
to achieve increased market penetration into both the Central
Valley region and the greater Los
Angeles area of Southern
California, as well as in Miami and the south Florida region, building upon our market share
while continuing to deliver highly valued and convenient portable
storage and office space solutions."
About Pac-Van
Pac-Van, Inc. (www.pacvan.com), a
wholly-owned subsidiary of General Finance Corporation, provides
storage and office space solutions to its customers through the
leasing and selling of storage containers, mobile office trailers,
modular buildings and bulk liquid storage frac tanks. The company
serves a wide variety of customers, including those in the
commercial, construction, education, government, health care,
industrial, and retail sectors. Committed to providing high quality
products, dependable service and sales excellence, Pac-Van, Inc. is
headquartered in Indianapolis,
Indiana, and has over 50 offices throughout North America.
About General Finance Corporation
Headquartered in
Pasadena, California, General
Finance Corporation (NASDAQ: GFN, www.generalfinance.com) is a
leading specialty rental services company offering portable
storage, modular space and liquid containment solutions.
Management's expertise in these sectors drives disciplined growth
strategies, operational guidance, effective capital allocation and
capital markets support for the Company's subsidiaries. The
Company's Asia-Pacific leasing
operations in Australia and
New Zealand consist of Royal Wolf
Holdings Limited (www.royalwolf.com.au), the leading provider of
portable storage solutions in those countries. The Company's
North America leasing operations
consist of wholly-owned subsidiaries Pac-Van, Inc. and Lone Star
Tank Rental Inc. (www.lonestartank.com), providers of portable
storage, office and liquid storage tank containers, mobile offices
and modular buildings. The Company also owns Southern Frac,
LLC (www.southernfrac.com), a manufacturer of portable liquid
storage tank containers and other steel-related products in North
America.
Media
Contact:
|
Investor
Contact:
|
Shannon
Jordan
|
Larry
Clark
|
Pac-Van,
Inc.
|
Financial Profiles,
Inc.
|
sjordan@pacvan.com
|
lclark@finprofiles.com
|
317-489-5771
|
310-622-8223
|
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SOURCE Pac-Van