Kiloutou buys Lyon rental company Top'Loc
By Murray Pollok30 November 2011
Kiloutou has announced another French rental acquisition, buying Top'Loc, a Lyon-based company with 18 depots and 120 employees.
This latest deal follows Kiloutou's recent acquisition of BM Location and confirms the company's ambitions to grow rapidly.
Top'Loc has three divisions, a general rentals business called Top'Loc Lyon, an events business called Top'Loc Réception, and a portable toilets operation called Top'Loc Sanit'.
Initially, Top'Loc will be run as a separate business and Philippe Thirion, founder and managing director of Top'Loc, will stay on as manager of the business. The deal was signed November 10 and will be closed in January 2012.
Kiloutou said the acquisition will extend its operations in the Rhône area, with 26 locations in total.
Since December last year Kiloutou has made four acquisitions. Mediac'up Atlantic in December 2010, AltéAd earlier this year, and BM Location more recently.