What kind of company is Aggreko?
temporary utility
Aggreko Plc is the world’s largest “temporary utility” company. The Glasgow, Scotland-based company specializes in the rental of power generators and other equipment, including air compressors, mobile air conditioning units, and other temperature control equipment chiefly to industry.
Does Aggreko sell generators?
If you need emergency power, a reliable backup, or want a cost-effective primary power source, our generators will get the job done. We design and build our generators.
Is Aggreko a listed company?
Aggreko plc is a supplier of temporary power generation equipment and of temperature control equipment. It is headquartered in Glasgow, Scotland, United Kingdom. It was listed on the London Stock Exchange until it was acquired by a consortium of TDR Capital and I Squared Capital in August 2021.
How long has Aggreko been in business?
Aggreko was founded in 1962 in the Netherlands. Over the last 50 years the company has gone from strength to strength, to where it is today with a presence in over 45 countries and employing more than 6,000 people.
Who are Aggreko competitors?
aggreko.com’s top 5 competitors in July 2022 are: unitedrentals.com, artsrental.com, mobileair.com, he-equipment.com, and more.
How many employees does Aggreko have?
We’re a team of 6,500 specialists, from all corners of the globe.
What is happening with Aggreko?
Aggreko has delisted from the London Stock Exchange following its £2.3bn acquisition by private equity firms TDR Capital and I Squared Capital. The Glasgow-headquartered temporary power company returned to private ownership and cancelled trading of its shares earlier this week.
Who bought Aggreko?
I Squared Capital
TDR Capital and I Squared Capital made a joint offer to purchase Aggreko in February. UK-based TDR owns portable accommodation company Modulaire (previously Algeco), while US firm I Squared, based in Miami, Florida, invests in global infrastructure markets.
What does Aggreko do?
Aggreko provides rental power, temperature control and compressed air systems to companies around the world, including diesel generators, industrial generators, commercial generators, large power transformers, load banks, fuel tanks, electrical distribution equipment, power cables and a host of other power accessories.
When was Aggreko sold?
Private equity firm TDR Capital said today it expected the acquisition of Aggreko to be completed on 10 August, with the power company’s share listing cancelled on 11 August. TDR and I Squared Capital made the joint offer to acquire Aggreko for £2.3 billion on 5 March.
How much did Aggreko sell for?
roughly $3.23 billion
Aggreko PLC has agreed to be bought by a newly formed company owned by funds managed by I Squared Capital Advisors (US) LLC and investment funds managed by TDR Capital LLP for £2.32 billion in cash, or roughly $3.23 billion, the companies said Friday.