03.11.2017

Nesco acquires Bethea

US based utility equipment rental company Nesco has acquired Bethea Tool and Equipment which manufacturers handline, stringing and bundle blocks and similar products used by electrical utilities and contractors. The acquisition includes Bethea’s 5,600 square metre manufacturing facility and distribution centre in Brighton, Tennessee.

The acquired business will become part of Nesco’s UEO (Utility Equipment Outfitters) division, which provides block rentals, as well as new and used parts, tools, and accessories to utility, rail, communication, and other specialised industries throughout North America. The acquisition will increase the three year old division’s ability to offer engineered and custom designed products. It will also continue to offer service, support, and repair of all Bethea products. The new location provides 60,000 square feet of warehouse and service space.
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Nesco’s Lee Jacobson (L) with Bobby Allen of Bethea Tool and Equipment

Nesco chief executive Lee Jacobson said: “The acquisition of Bethea Tool and Equipment solidifies our position as the premier service and equipment provider in utility and specialty rental markets. This acquisition expands our product portfolio, increasing our flexibility in meeting the purchase and rental needs of customers seeking high quality products.”

Bethea president Bobby Allen added: “The Bethea organisation is excited about our opportunity to become part of Nesco. We look forward to a bright and prosperous future with Nesco as a partner to help grow our business.”