INDIANAPOLIS, March 28, 2019 /PRNewswire/ -- General Finance
Corporation's (NASDAQ: GFN) subsidiary, Pac-Van, Inc., announced
its acquisition on Wednesday, March
27th of the portable storage assets of BBS
Leasing, LLP of Fort Worth,
Texas.
"As the fourth largest MSA in the
United States, the Dallas/Fort
Worth area represents an enormous opportunity for Pac-Van to
grow its market share by delivering its portable storage and office
space solutions," said Jody
Miller, CEO and President of General Finance
Corporation. "This asset acquisition adds nearly 400 units to
its rental fleet and further strengthens Pac-Van's position in
Texas."
About Pac-Van
Pac-Van, Inc. (www.pacvan.com), a
wholly-owned subsidiary of General Finance Corporation, provides
storage and office space solutions to its customers through the
leasing and selling of storage containers, mobile office trailers,
modular buildings and bulk liquid storage frac tanks. The company
serves a wide variety of customers, including those in the
commercial, construction, education, government, health care,
industrial, and retail sectors. Committed to providing high quality
products, dependable service and sales excellence, Pac-Van, Inc. is
headquartered in Indianapolis,
Indiana, and has over 50 offices throughout North America.
About General Finance Corporation
Headquartered in
Pasadena, California, General
Finance Corporation (NASDAQ: GFN, www.generalfinance.com) is a
leading specialty rental services company offering portable
storage, modular space and liquid containment solutions.
Management's expertise in these sectors drives disciplined growth
strategies, operational guidance, effective capital allocation and
capital markets support for the Company's subsidiaries. The
Company's Asia-Pacific leasing
operations in Australia and
New Zealand consist of Royal Wolf
Holdings Pty Ltd Limited (www.royalwolf.com.au), the leading
provider of portable storage solutions in those countries. The
Company's North America leasing
operations consist of wholly-owned subsidiaries Pac-Van, Inc. and
Lone Star Tank Rental Inc. (www.lonestartank.com), providers of
portable storage, office and liquid storage tank containers, mobile
offices and modular buildings. The Company also owns Southern
Frac, LLC (www.southernfrac.com), a manufacturer of portable liquid
storage tank containers and other steel-related products in
North America.
Media
Contact:
|
Investor
Contact:
|
Shannon
Jordan
|
Larry
Clark
|
Pac-Van,
Inc.
|
Financial Profiles,
Inc.
|
sjordan@pacvan.com
|
lclark@finprofiles.com
|
317-489-5771
|
310-622-8223
|
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SOURCE Pac-Van, Inc.