Harbutt's "Plasticine" Ltd v Wayne Tank and Pump Co Ltd

WillScot Mobile Mini Reports Fourth Quarter and Full Year 2022 Results

Retrieved on: 
Tuesday, February 21, 2023

Boswell concluded regarding the outlook, "We finished 2022 with $884 million of Adjusted EBITDA from continuing operations.

Key Points: 
  • Boswell concluded regarding the outlook, "We finished 2022 with $884 million of Adjusted EBITDA from continuing operations.
  • Earnings from the UK Storage segment are reported as discontinued operations in the fourth quarter of 2022 and all prior periods.
  • We estimate that recent acquisitions completed in 2022 contributed approximately $38.0 million to total revenues for the year ended December 31, 2022.
  • Reduced leverage to 3.3x last twelve months Adjusted EBITDA for FY 2022 of $933 million, including the results from discontinued operations from the divested UK Storage segment.

WillScot Mobile Mini Holdings Completes Divestiture of Tank and Pump Business

Retrieved on: 
Monday, October 3, 2022

PHOENIX, Oct. 03, 2022 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (WillScot Mobile Mini or the Company) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced it has completed the previously announced divestiture of its Tank and Pump segment to private equity firm Kinderhook Industries effective September 30, 2022.

Key Points: 
  • PHOENIX, Oct. 03, 2022 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (WillScot Mobile Mini or the Company) (Nasdaq: WSC), a North American leader in modular space and portable storage solutions, today announced it has completed the previously announced divestiture of its Tank and Pump segment to private equity firm Kinderhook Industries effective September 30, 2022.
  • BofA Securitiesacted as the financial adviser and Allen & Overy acted as legal adviser toWillScot Mobile Mini Holdings.
  • About WillScot Mobile Mini Holdings Corp.
    WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol WSC.
  • WillScot Mobile Mini services diverse end markets across all sectors of the economy from a network of approximately 280 branch locations and additional drop lots throughout the United States, Canada, Mexico, and the United Kingdom.

Kinderhook forms new environmental solutions platform through acquisition of Tank and Pump from WillScot Mobile Mini

Retrieved on: 
Monday, August 22, 2022

Headquartered in Baytown, Texas, Tank and Pump is a leading provider of logistics based environmental solutions focused on the containment of liquid and solid industrial waste.

Key Points: 
  • Headquartered in Baytown, Texas, Tank and Pump is a leading provider of logistics based environmental solutions focused on the containment of liquid and solid industrial waste.
  • The current leadership team of Tank and Pump will continue on with the new platform.
  • Eric John, Senior Vice President of the Tank and Pump segment, will serve as the Chief Executive Officer of the newly established Tank and Pump platform post-closing.
  • Headquartered in Baytown, Texas, Tank and Pump is a leading provider of logistics based environmental solutions focused on the containment of liquid and solid industrial waste.

WillScot Mobile Mini Holdings Announces Agreement to Divest Tank and Pump Segment to Kinderhook Industries

Retrieved on: 
Monday, August 22, 2022

PHOENIX, Aug. 22, 2022 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (WillScot Mobile Mini Holdings or the Company) (Nasdaq: WSC), the North American leader in innovative flexible workspace and portable storage solutions, today announced a definitive agreement, whereby the Company will divest its Tank and Pump segment to private equity firm Kinderhook Industries (Kinderhook) for an enterprise value of approximately $323 million, subject to customary post-closing adjustments.

Key Points: 
  • PHOENIX, Aug. 22, 2022 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (WillScot Mobile Mini Holdings or the Company) (Nasdaq: WSC), the North American leader in innovative flexible workspace and portable storage solutions, today announced a definitive agreement, whereby the Company will divest its Tank and Pump segment to private equity firm Kinderhook Industries (Kinderhook) for an enterprise value of approximately $323 million, subject to customary post-closing adjustments.
  • Eric John, Senior Vice President of the Tank and Pump segment, will serve as the Chief Executive Officer of the newly independent business.
  • BofA Securities acted as the financial adviser and Allen & Overy acted as legal adviser to WillScot Mobile Mini Holdings.
  • About WillScot Mobile Mini Holdings Corp.
    WillScot Mobile Mini Holdings trades on the Nasdaq stock exchange under the ticker symbol WSC.

'GPEX-Xingxing' Sign MOU for Cooperation in Technology and Marketing

Retrieved on: 
Friday, May 27, 2022

Through this agreement, the two companies will push forward for joint marketing to promote the use and increase the brand recognition of e-scooter sharing service 'Xingxing,' and 'GPEX', a blockchain financial platform.

Key Points: 
  • Through this agreement, the two companies will push forward for joint marketing to promote the use and increase the brand recognition of e-scooter sharing service 'Xingxing,' and 'GPEX', a blockchain financial platform.
  • Both companies will work together to expand into the blockchain ecosystem through technical cooperation and cryptocurrency swapping.
  • Therefore, we see various collaboration methods that can create marketing synergy between the two companies.
  • KPX, a software development and consulting company in collaboration with the GPEX platform, seek to bridge traditional finance with blockchain technology including cryptocurrency.

South Korean Micromobility Market to Surpass $11,178.5 Million Revenue by 2030, says P&S Intelligence

Retrieved on: 
Wednesday, September 29, 2021

NEW YORK, Sept. 29, 2021 /PRNewswire/ -- The South Korean micromobility market value is predicted to increase to $11,178.5 million by 2030 from $120.3 million in 2020, at a 52.2% CAGR between 2021 and 2030.

Key Points: 
  • NEW YORK, Sept. 29, 2021 /PRNewswire/ -- The South Korean micromobility market value is predicted to increase to $11,178.5 million by 2030 from $120.3 million in 2020, at a 52.2% CAGR between 2021 and 2030.
  • Need to Reduce Traffic Congestion: The South Korean micromobility market is also driven by the rising need to reduce urban traffic congestion.
  • The first- and last-mile bifurcation is predicted to witness the faster advance in the South Korean micromobility market in the coming years, based on model.
  • In the near future, the dockless bifurcation will dominate the South Korean micromobility market, under segmentation by sharing system.