Hugg & Hall acquires competitor Rentway Storage
by February 11, 2022 1:37 pm 912 views
Hugg Mobile Storage, which does business as Hugg & Hall Mobile Storage, announced Friday (Feb. 11) the acquisition of Rentway Storage, Inc.
Terms of the private transaction were not disclosed.
The move combines two Arkansas-based mobile storage container companies into one for the construction, industrial and retail markets.
“We’ve been in friendly competition with Rentway since our founding in 1995. They actually preceded us by a couple of years in 1992,” said Jim Hugg, CEO of Hugg & Hall Mobile Storage. “But we think this joining of forces will give our combined customers the benefit of more inventory, more cost efficiency, more flexibility and a greater level of care.”
Hugg & Hall Mobile Storage, which celebrated its 25th anniversary in December 2020, serves a seven-state region with a fleet of 4,000 portable rental storage containers and office units — generating more than twelve million dollars in revenue annually.