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GE Capital said that its Modular Space business has acquired the U.S. mobile-modular fleet assets of Waste Management's Modulaire Division, together with all rental and operating leases and certain related assets.
Financial terms were not disclosed.
GE Capital Modular Space, a division of Transport International Pool Inc., which is a wholly owned subsidiary of GE Capital, is headquartered in Devon, Pa.
As a result of the acquisition, GE Capital Modular Space's fleet of mobile and modular buildings increases to approximately 52,000 buildings, which are located at 83 U.S. sales and service locations nationwide. GE Capital said the acquisition enhances the company's...