Sunbelt Rentals Acquires Nor-Val Rentals
December 10, 2023
Sunbelt Rentals (Fort Mill, South Carolina) has acquired the six-location rental business of Nor-Val Rentals, a British Columbia–based equipment rental operator. The deal, effective Dec. 1, 2023, transfers Nor-Val's stores in Armstrong, Vernon, Oliver, Penticton, West Kelowna and Kelowna to Sunbelt; former owner Jim Clipperton confirmed the transaction.
- Buyers
- Sunbelt Rentals
- Targets
- Nor-Val Rentals
- Sellers
- Nor-Val Rentals, Jim Clipperton
- Industry
- Industrial Services
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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