SOURCE: Algeco Scotsman

Algeco Scotsman

January 05, 2011 09:15 ET

Algeco Scotsman Acquires Caltin Containers

Company Increases Fleet and Expands Operations in Southwest Wales

BALTIMORE, MD--(Marketwire - January 5, 2011) - Algeco Scotsman, a leading global business services company focused on modular space and secure storage solutions, today announced the acquisition of Caltin Containers Ltd., a modular space supplier based in the United Kingdom.

The transaction is intended to support Algeco Scotsman's plans for global expansion. The assets from the acquisition will be integrated into Algeco's business operations in the United Kingdom, known as Elliott Hire.

The purchase enables the company to better serve oil and petrochemical companies throughout the region. "Caltin was a great acquisition for Elliott, strengthening our presence in Southwest Wales where there is growing demand for modular space among industrial businesses," said Mark Eburne, managing director for Elliott.

"This acquisition is in line with our ongoing efforts to further strengthen our global branch network by engaging new customer sectors and expanding our offering," added Duncan Gillis, president and chief executive officer of Algeco Scotsman.

About Algeco Scotsman
Algeco Scotsman is a leading global business services provider focused on modular space and storage solutions. Operating as Williams Scotsman in North America and Algeco in Europe, the company manages a fleet of more than 300,000 units, with operations in Belgium, Canada, China, Czech Republic, Estonia, Finland, France, Germany, Italy, Lithuania, Luxembourg, Mexico, Netherlands, Poland, Portugal, Romania, Russia, Slovakia, Spain, Sweden, United Arab Emirates, United Kingdom and United States. The company's reputation is grounded in exceptional customer service, effective management of business operations, and consistent product innovation. Algeco Scotsman's global presence combined with its local market expertise provides exemplary service tailored to meet the unique needs of customers throughout the world.