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In 2007, Mesoamerica created an investment vehicle called Mesorentals to acquire a minority ownership in construction equipment rental company Esco Interamerica. Esco Interamerica’s leadership position in Central America, Puerto Rico and Trinidad & Tobago, together with its recently opened Colombian operation and an aggressive expansion plan, positioned the company to become the first Latin American company of its kind.
Worldwide leader in construction equipment rental services, Harsco Corporation, identified Esco as the right platform to increase its Latin American presence and in October 2009 acquired 100% of the company. Mesoamerica supported Mesorentals’ shareholders and facilitated a successful exit from their investment.
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