AMECO of Greenville purchases Cincinnati firm.

Greenville-based site services companyAMECOhasacquired F&M MAFCO, an international supplier of tools and equipment rental, sales and service programs.

The company will be headquartered in Greenville but maintain a "significant" operations presence in Cincinnati, the F&M MAFCO home base.

A news release said the two companies "will solve construction and maintenance industry challenges by improving the availability of materials, creating onsite labor efficiencies, reducing project costs and enhancing safety and sustainability efforts."

"The transformational combination of these two great brands and teams creates a comprehensive site services offering that is truly unprecedented in our industry," Gary Bernardez, CEO of AMECO, said in the news release. "Our combined strengths enable us to expand the boundaries in providing innovative site solutions to our clients on capital construction, facility operations and maintenance projects across a greater geographical reach. This is a game-changer."

Tim Fries, F&M MAFCO's CEO, was named chief growth officer of both organizations and president of F&M MAFCO. He will report directly to Bernardez and be responsible for developing and implementing a long-term growth strategy, the release said. Fries will oversee all joint strategic planning, business development, marketing and client success initiatives while maintaining his role as president of F&M MAFCO.

"I am very excited about the growth potential that a combined AMECO and F&M MAFCO product and services offering can have on our businesses," he said. "Both companies have great brand recognition and reputations in the marketplace. More importantly, we share common core values and company cultures, which will be a key ingredient in delivering...