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).
For Olivier Colleau, Executive Chairman of the Kiloutou group: “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.”
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 resources and additional resources for its customers and employees.”
This operation is part of the Kiloutou group’s active development drive, with steady organic growth and the ongoing pursuit of external growth.
As the 4th largest European rental company and a major player in the rental of equipment in France, the Kiloutou Group provides products and services solutions to a very diversified clientele: large national accounts, construction companies, craftsmen, communities and administrations, industries, services, SMEs. The Kiloutou group offers the widest range of the market with about 1,000 references and more than 250,000 materials in various fields: personnel elevation equipment, earthmoving and construction, structural and finishing work, commercial vehicles, and event. With a turnover of 606 million euros in 2017 and a workforce of 4,500 people in Europe, Kiloutou continues its development and now represents a network of 440 agencies in France, including fifty at specialized building and thirty said proximity, located in the city center. The network also has 30 branches in Poland, 19 in Spain, 3 in Germany and 10 in Italy.
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