Finning International Acquires John F Hunt Power Group to Expand its Power Rental Business in the UK

09:15 AM EDT, 10/01/2026 (MT Newswires) -- Finning International (FTT.TO) on Thursday said it acquired John F Hunt Power Group for an undisclosed price to expand its power rental revenue in the United Kingdom. John F Hunt Power Group Limited is a specialist generator rental company in the UK, said the company. It has 2,500 generators and operates from six centers in the country. The acquisition was funded using existing liquidity, and the company does not expect the transaction to have a material impact on the company's combined revenue, earnings or balance sheet, it added. "The acquisition is a major step forward in our growth strategy, projected to more than triple our power rental revenue in the UK and Ireland while significantly expanding our power generation solutions capability," said Gary Megarrell, Managing Director, Finning UK & Ireland. Finning shares closed up CA$0.80, or 0.7%, to CA109.04 Wednesday on the Toronto Stock Exchange.