We, General Finance Corporation (NASDAQ:GFN, GFNCL, GFNCZ), were incorporated in Delaware on October 14, 2005 and completed our initial public offering in April 2006. We have two geographic (and operating) units, Royal Wolf, which leases and sells storage containers, portable container buildings and freight containers in Australia and New Zealand, which is referred geographically by us to be the Asia-Pacific (or Pan-Pacific) area; and Pac-Van, which leases and sells storage, office and portable liquid storage tank containers, modular buildings and mobile offices in North America.

On May 31, 2011, Royal Wolf completed an initial public offering in Australia, which raised gross proceeds of A$91.5 million from the issuance of 50 million new ordinary shares at a price of A$1.83 per share. At the completion of the offering, we still owned an indirect majority interest in Royal Wolf.

On October 1, 2012, we acquired 90% of Southern Frac, LLC, a manufacturer of portable liquid storage tank containers located in Waxahachie, Texas.