Aggreko Acquires Canadian Climate Control Specialist ICS Group

Aggreko, leading global provider of modular, mobile power and related solutions, has entered into an agreement to acquire the assets of the equipment rental business of ICS Group, a Canadian provider of portable climate control services.

Michael Roth

Sept. 2, 2015

2 min read

Aggreko shown powering events in Washington DC will expand its Canadian footprint and increase its presence in the heater market — Aggreko, shown powering events in Washington, D.C., will expand its Canadian footprint and increase its presence in the heater market.

ICS was founded in 1999 in Alberta and is well known for its temporary heating, concrete cure and ground thawing solutions that cater to many of Aggreko’s key sectors including construction, oil and gas, industrial, restoration and event sectors. The acquisition will establish Aggreko in the North American heater market and also provide it with a geographic footprint in cities such as Calgary, Alberta, and Winnipeg, Manitoba, where it doesn’t currently operate.

“This acquisition combines the strength of two market leaders to give our customers an unparalleled range of equipment and services options,” said Bruce Pool, managing director, Aggreko North America. “It also gives Aggreko an opportunity to further support our rapidly expanding customer base within critical Canadian cities and their surrounding areas.”

The acquisition will add more than 60 experienced and skilled employees to Aggreko, and more than 2,100 fleet assets.

“Aggreko shares the same passion, can-do attitude, and commitment to available inventory, equipment reliability and service excellence that we have built our reputation around,” said Ken Kachur, senior partner, ICS Group.

Following a period of transition, Aggreko plans to fully integrate the operations of ICS with its Western Canada business before developing expansion plans to enter other areas within North America.

Headquartered in Scotland, with U.S. base in Houston, Aggreko North America is No. 6 on the RER 100.

About the Author

Michael Roth

Editor

Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.