Pac-Van, Inc. Acquires Storage Container, Office Container and Mobile Office Assets From Gauthiers’ On-Site Storage
Indianapolis, IN, December 5, 2017 – General Finance Corporation (NASDAQ:GFN) subsidiary Pac-Van, Inc. announced its acquisition of Gauthiers’ On-Site Storage’s storage container, office container and mobile office rental fleet on Friday, December 1st.
“We are excited to expand our service area into the state of Louisiana. One of our corporate goals is to continue to grow the Pac-Van brand throughout the United States. With this acquisition of the assets from Gauthiers’ On-Site Storage, we now have two locations in southern Louisiana, nearly 1500 additional units in our fleet and 11 new professionals on the team,” said Jody Miller, President of General Finance Corporation. “Southern Louisiana is home to many large manufacturers, chemical plants and related industries, and it provides significant opportunities for Pac-Van to deliver its portable storage and office space solutions.”
Gauthiers’ Oilfield Rental, LLC (A Modex Company) will continue to specialize in offshore equipment for its domestic and international oil and gas industry customers.
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.
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