Pac-Van, Inc. Acquires Austin and San Antonio Container Assets From Advantage Trailer, LLC
Indianapolis, IN, September 7, 2017 – General Finance Corporation (NASDAQ:GFN) subsidiary Pac-Van, Inc. announced its acquisition on September 1, 2017 of Advantage Trailer, LLC’s Austin and San Antonio area storage container and office container rental fleet.
Advantage Trailer, LLC will continue to provide semi-trailer rentals and sales throughout the entire Texas area.
“Pac-Van has five locations in Texas that serve the Austin, Corpus Christi, Dallas-Fort Worth, Houston and San Antonio markets. This asset acquisition of more than 300 containerized units in our fleet further strengthens Pac-Van’s position in the Texas market,” said Jody Miller, President of General Finance Corporation. “It also allows our team of professionals to respond even more quickly to those needing additional portable storage and office space in the aftermath of Hurricane Harvey.”
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 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.