HireQuip owners put in receivership, operating units prepared for sale

Wed, 11 Jul 2012

By Jonathan Underhill July 12 (BusinessDesk) - The owners of equipment rental company HireQuip have been placed in receivership and the operating business is being prepared for sale, according to KordaMentha. The receivership comes less than a month after HireQuip director Rob Nichols was quoted saying the company could seek a listing on the NZX as earnings recovered. HireQuip’s parent shareholding companies Pacific Equipment Solutions, PES Finance and Hire Equipment Group are the entities placed in receivership, KordaMentha’s Brendon Gibso...

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