Nesco, which sells and rents specialized equipment to the electric and telecom utility industries, has acquired a portion of Terex Utilities’ rental fleet. The fleet is located in the western region of the United States and consists of Terex-manufactured bucket trucks and digger derricks.
Nesco, based in Bluffton, Ind., with offices in New York, is backed by private equity firm Hammond, Kennedy, Whitney & Co., will, with the purchase, expand its footprint into the western U.S.