Tadano sells US rentals business

Crane and aerial platform manufacturer Tadano has sold its US rental businerss, Rabern Rentals, to Sunbelt Rentals.

Tadano had acquired Rabern as part of its deal to buy Manitex International in January this year. Manitex was the majority owner of Rabern.

Rabern rents general construction equipment from four locations in northern Texas, in Hereford, Lubbock and two in Amarillo. Its fleet includes a wide range of earthmoving equipmenmt, aerial platforms, telehandlers and small tools. It didn’t rent mobile cranes.

A Caterpillar backhoe loader in Rabern’s rental fleet. (Image: Rabern Rentals)

All other companies that were part of the Manitex acquisition – Manitex Inc., PM Oil & Steel and Manitex Valla S.r.l. and their subsidiaries – remain a part of Tadano.

Tadano said the sale reinforced its role as a “partner to rental companies everywhere, ensuring that Tadano is fully invested in supporting its customers, rather than competing with them”.

Dean Barley, president and CEO of Tadano America Corp, Tadano Mantis and Tadano Manitex, added; “Tadano’s core expertise is designing, manufacturing and supporting the most dependable lifting and access equipment, and the Rabern Rentals sale reflects our commitment to staying true to that focus.

“Rental operations require a different business model and priorities. Under Sunbelt Rentals ownership, Rabern Rentals will have the flexibility and focus necessary to continue growing its rental business and better serve customers.”