FX.co ★ H&E Equipment Services To Acquire Lewistown Rental - Quick Facts

H&E Equipment Services, Inc., known as HEES, has officially agreed to purchase Lewistown Rental. This Montana-based equipment rental business along with three of its affiliate rental operations have a diverse variety of equipment in their fleet. The total estimated value of this equipment, gauged by the original cost of the equipment, amounts to approximately $28.5 million.

With this acquisition, the equipment rental operations of H&E will branch out to 145 locations spanning across 30 states. The company anticipates that this purchase will effectively supplement the already present branch locations in Billings and Belgrade.