Mobile Mini Buys Allstate Containers

(RTTNews) - Mobile Mini Inc (MINI), a provider of portable storage and specialty containment solutions, on Monday said it has purchased the assets and operations of Allstate Containers. Financial terms of the transactions were not disclosed.

Allstate is a Tennessee portable storage provider with locations in Knoxville and Chattanooga. The company has a fleet of about 2,600 rental units.

"We continue to execute on our growth strategy by pairing internal revenue growth with strategic acquisitions of high returning assets. Knoxville and Chattanooga are good markets that continue to grow, and this acquisition allows us to further strengthen our position in Tennessee, without adding significant costs," said Erik Olsson, CEO of Mobile Mini.