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Sunbelt Rentals to Acquire CRS
CRS Contractors Rental Supply Limited Partnership (“CRS”) has entered into a unit purchase agreement to sell CRS to Sunbelt Rentals (“Sunbelt”), the North American business of Ashtead Group plc, for C$275 million plus a potential earn-out. Sunbelt Rentals is headquartered in Fort Mill, SC. CRS is Sunbelt’s first acquisition in Eastern Canada and will become…