The Kiloutou Group acquires the company Locamodul

FranceAcquisitions Olivier Colleau

The Kiloutou group has just acquired Locamodul, a company specialising in modular construction hire in the Rhône-Alpes region. This transaction allows Kiloutou to accelerate the roll-out of its Module business in France.

Locamodul is a leading player in modular space hire in the Rhône-Alpes region. It runs two agencies (Annecy and Grenoble) and has a stock of over 3,500 modules and containers that it provides for a clientele made up of professionals from various sectors of activity (construction, industry, events, local authorities).

This acquisition allows Kiloutou to continue its development on the modular space hire market in France, supplementing its existing locations in Ile-de-France, Northern France, in the Angers and Nantes region and in the South-West (Toulouse and Bordeaux).

“This acquisition is entirely in line with Kiloutou’s multi-specialist strategy in France. It contributes to our ambition to become a leading player on the modular space hire market nationally and benefit from strong complementarities with our current product range. I’m delighted to welcome Locamodul’s 20 team members, who will be a key driver for Kiloutou Module’s development in the region.”

Olivier Colleau, Executive Chairman of the Kiloutou group

“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 resources and additional resources for its customers and employees.”

Frédéric Laperrousaz, Managing Director and majority shareholder of Locamodul

This operation is part of the Kiloutou group’s active development drive, with steady organic growth and the ongoing pursuit of external growth.