Kiloutou has acquired French modular building rental company Locamodul.
Locamodul is a leading portabale accommodation renter in the Rhône-Alpes region, with two depots – in Annecy and Grenoble – and a fleet of more than 3,500 modules and containers. The business has customers in the construction, industrial and events.
The latest in a spate of recent acquisitions, this transaction grows Kiloutou’s modular space activity in France, adding to the company’s existing operations in Ile-de-France, Angers, Nantes, Toulouse and Bordeaux.
Olivier Colleau, Executive Chairman of Kiloutou, said the acquisition was in line with the company’s multi-specialist strategy in France, and added; ”It contributes to our ambition to become a leading player in the modular space rental market at the national level and to benefit from products that complement our current range.
“I am very happy to welcome Locamodul’s team of 20 members who will be an essential engine for the development of Kiloutou Module in the region.”
Frédéric Laperrousaz, Managing Director and majority shareholder of Locamodul, said, “I am satisfied with the acquisition of Locamodul by the Kiloutou Group. I am convinced that this merger will allow Locamodul to continue its successful development by benefiting from additional resources for its customers and employees.”
Another recent acquisition made by Kiloutou in France was the purchase of earthmoving rental company Franche Comte Materiels (FCM) in eastern France.