WillScot Mobile Mini Acquires Modular Space and Portable Storage Provider in Northeastern US
July 13 2022 - 08:00AM
GlobeNewswire Inc.
WillScot Mobile Mini Acquires Modular Space and Portable Storage
Provider in Northeastern US
WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the
“Company”) (Nasdaq: WSC), a North America leader in modular space
and portable storage solutions, today announced it has acquired the
rental fleet and related assets of Modulease Corporation. The
transaction was funded with cash on hand and borrowings under the
Company’s revolving credit agreement. This acquisition adds more
than 400 mobile offices and approximately 100 portable storage
containers to the Company’s existing operations in New England.
Cautionary Statement Regarding
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995 and Section 21E of the Securities
Exchange Act of 1934, as amended. The words "estimates," "expects,"
"anticipates," "believes," "forecasts," "plans," "intends," "may,"
"will," "should," "shall," "outlook" and variations of these words
and similar expressions identify forward-looking statements, which
are generally not historical in nature. Certain of these
forward-looking statements include statements relating value
creation, the Company’s share price, and the Company’s future
performance. Forward-looking statements are subject to a number of
risks, uncertainties, assumptions and other important factors, many
of which are outside our control, which could cause actual results
or outcomes to differ materially from those discussed in the
forward-looking statements. These risks include, without
limitation, the risks and uncertainties described in the periodic
reports we file with the SEC from time to time (including our Form
10-K for the year ended December 31, 2021), which are available
through the SEC’s EDGAR system at www.sec.gov and on our website.
Any forward-looking statement speaks only at the date on which it
is made, and WillScot Mobile Mini disclaims any obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, except as
required by law.
About WillScot Mobile Mini Holdings
Corp.
WillScot Mobile Mini Holdings trades on the Nasdaq
stock exchange under the ticker symbol “WSC.” Headquartered in
Phoenix, Arizona, the Company is a leading business services
provider specializing in innovative flexible mobile office,
portable storage and workspace productivity solutions. WillScot
Mobile Mini services diverse end markets across all sectors of the
economy from a network of over 275 branch locations and additional
drop lots throughout the United States, Canada, Mexico, and the
United Kingdom.
Media Contact Information
Jessica Taylor
jetaylor@mobilemini.com
Investor Contact Information
Nick Girardi
nick.girardi@willscotmobilemini.com
Willscot (LSE:0A1N)
Historical Stock Chart
From Feb 2023 to Mar 2023
Willscot (LSE:0A1N)
Historical Stock Chart
From Mar 2022 to Mar 2023