The Kiloutou Group is pleased to announce the acquisition of the Spanish equipment rental company Almaq S.A. This operation enables Kiloutou Spain to strengthen its network in the Northern part of Spain with 4 new branches in the region of Aragon, around the strategy city of Zaragoza.
Established in 1983, Almaq is a leading earthmoving equipment rental player in the city of Zaragoza and in the Aragon area. With 4 branches and depots located in Zaragoza, Jaca, Teruel and Alcaniz, the company and its team of 23 employees operates more than 800 pieces of rental equipment. The customer portfolio is made up of professionals from various industries that benefit from direct delivery or pick-up services at the local shops.
Following on from the acquisition of Diaz-Miquelez in July 2021, this new addition enables Kiloutou to continue expanding its network coverage in Northern Spain with the integration of local leaders. The branches and the team of Almaq will join the network of 21 branches and 220 employees of Kiloutou Spain with a change of commercial brand within the following months.
For Olivier Colleau, Executive President of the Kiloutou Group, “After Diaz-Miquelez in July, the acquisition of Almaq confirms Kiloutou’s commitment to the Spanish rental market and is fully in line with Kiloutou’s development strategy in the country, which aims at strengthening our geographical presence in high potential areas. It illustrates once again our ability to federate quality regional stakeholders with a strong local presence around our development project. I would like to warmly welcome the 23 skilled and experienced team members from Almaq into the Kiloutou Group. ”
The co-owner and Managing Director of Almaq, said: “I am delighted and proud to announce the acquisition of our earthmoving rental equipment company by Kiloutou. We share mutual expertise and common ambition to continuously improve the services we provide to our customers. The handover will enable our teams to contribute to the growth of the Kiloutou Group with our strong knowledge of the market of Zaragoza. I am pleased to see our teams continuing their success while benefiting from new investments, services and resources“.
This move is part of the Kiloutou Group’s active campaign to boost development, through regular organic growth and the continuing pursuit of external growth. Internationally, it is an extension of the development strategy undertaken in Poland, Spain, Italy and Germany over the past years.
The 3rd largest European rental company and a major player in equipment rental in France, Kiloutou has been reconciling economics, environment and people for more than 40 years by offering the most innovative solutions to an increasingly diversified customer base: building and public works companies, craftsmen, SMEs, local authorities and industries. The Group has built its development on the skills of its 6,000-strong team, and serves more than 300,000 customers in five countries across Europe: France, Poland, Italy, Spain and Germany., the Kiloutou network included 505 branches (on December 31, 2020), offering the most extensive range on the market with more than 1,000 products and over 250,000 items of equipment divided into four main product families: earth-moving, lifting, utility vehicles and tools.
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