InForum says Target Logistics’ fleet of modular man camps serving the Bakken oil field in western North Dakota are being sold for $625 million to Algeco Scotsman. The 3,400 units, located in Tioga, Williston, Watford City, and Dunn County, will continue with the Target name but a tag mentioning Algeco Scotsman will be added. The transaction is set to close at month’s end. As MHProNews has learned separately, Algeco is headquartered in Baltimore, Maryland, and with its affiliates manages a fleet of more than 340,000 units worldwide providing modular solutions for the industrial, business, educational, healthcare and storage sectors, with operations in 37 countries.
