advised that on Friday 3rd December 2004, the company signed and completed the acquisition of the "Beeline Rentals & Hire" tools and equipment rental business of Edsleaf Pty Limited, which operates from a single site at Berkley Vale on the New South Wales Central Coast. The acquisition was funded from National Hire's existing cash reserves, while the branch will be re-branded National Hire The Cat Rental Store. National Hire said it would be applying additional capital expenditure as required to expand into the region's equipment hire market from the platform provided by this acquisition.
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
