WillScot Mobile Mini Acquires Regional Modular Space and Portable Storage Provider in Mid-Atlantic
WillScot Mobile Mini Holdings Corp. (WSC) has acquired Allied Office Trailers and Storage Containers, enhancing its fleet by approximately 8,000 rental assets. This strategic acquisition expands WillScot's operations in the eastern United States, positioning it to better serve strong market demand. CEO Brad Soultz emphasizes the deal's benefits, including increased product offerings and logistics capabilities for Allied customers. The company continues to cater to a broad range of sectors across North America from over 280 locations.
- Acquisition of Allied Office Trailers adds approximately 8,000 rental assets to the fleet.
- Expands operations along the eastern United States, enhancing market reach.
- Expected to improve service capabilities and product offerings for customers.
- None.
PHOENIX, Sept. 19, 2022 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced it acquired Allied Office Trailers and Storage Containers. This acquisition adds approximately 8,000 rental assets to WillScot Mobile Mini’s fleet of mobile offices and portable storage containers and expands the Company’s existing operations along the eastern United States.
Brad Soultz, Chief Executive Officer, commented, “This transaction is great for our company and customers in terms of expanded product offerings, capabilities and expertise. Growing our fleet and operations positions us well to service continued strong demand throughout our North America modular and storage segments. In addition, this acquisition gives Allied customers access to the largest and most innovative fleet of modular space and portable storage products in North America – from our one-of-a-kind panelized FLEX™ offices and proprietary Tri-Cam Locking System® for storage doors, to our exclusive value-added products collection and best-in-class logistics capabilities. This strong, Veteran-Owned business makes an excellent addition to WillScot Mobile Mini, and we welcome the team and its customers to our company.”
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 about 280 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.
Media Contact Information
Jessica Taylor
jetaylor@willscotmobilemini.com
Investor Contact Information
Nick Girardi
nick.girardi@willscotmobilemini.com
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