WillScot Mobile Mini Adds Clearspan Structures to its Portfolio of Temporary Space Solutions
- WillScot Mobile Mini's acquisition of 616 Global Clearspans expands their capabilities and offerings in the temporary space solutions market, providing growth opportunities in new end markets.
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PHOENIX, Oct. 24, 2023 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), the North American leader in innovative temporary space solutions, today announced it has acquired 616 Global Clearspans (616GC), a leading national temporary and semi-permanent clearspan structure company based in Tucson, Arizona. The acquisition further extends WillScot Mobile Mini’s comprehensive offering of temporary space solutions, adding capability to create more expansive space solutions for the Company’s core markets and providing growth opportunities in new end markets.
Tim Boswell, President and Chief Financial Officer, commented, “Adding flexible clearspan structures to our already expansive portfolio of space solutions is another step in our strategy to make it easy for companies to get the right turnkey space they need for their projects. These highly configurable and durable temporary fabric structures are commonly utilized by existing customers across virtually all end markets that we serve. They also are complementary to our existing offering and often deployed together with our other modular space and storage solutions. As with our other solutions, we see opportunities to drive value-based pricing, expand our Essentials line of Value-Added Products and Services, and bring scale efficiencies to the 616GC operations across our North American footprint, all while delivering differentiated solutions and unrivaled service levels to our customers. The 616GC team and products are a terrific addition to WillScot Mobile Mini, and we are excited about the obvious commercial synergies in the combination.”
Clearspan structures, also referred to as fabric buildings or industrial tents, are rapidly deployable and have numerous use cases from large-scale industrial warehousing, controlled environments for construction sites, retail and distribution space, and high-end event spaces among many others. 616GC has decades of experience working on some of the largest event projects in the United States and with major international brands, complementing WillScot Mobile Mini’s 80-year history as an innovative space solutions provider serving more than 85,000 customers.
About WillScot Mobile Mini
WillScot Mobile Mini 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 and flexible temporary space solutions. The Company’s diverse product offering includes modular office complexes, mobile offices, classrooms, temporary restrooms, portable storage containers, blast protective and climate-controlled structures, clearspan structures, and a thoughtfully curated selection of furnishings, appliances, and other services so its solutions are turnkey for customers. WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 240 branch locations and additional drop lots throughout the United States, Canada, and Mexico.
Additional Information and Where to Find It
Additional information can be found on the Company's website at www.willscotmobilemini.com.
| Contact Information | |
| Investor Inquiries: | Media Inquiries: |
| Nick Girardi | Jake Saylor |
| investors@willscotmobilemini.com | jake.saylor@willscot.com |
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