At its annual congress in Amsterdam on 4 May, the European Rental Association awarded the Kiloutou Group the newly created "Employer Innovation Award".
The Kiloutou Group has just acquired Alvecon, a specialist in the rental of equipment and scaffolding in the regions of Navarre and the Basque Country in Spain. This transaction allows Kiloutou to continue its development on the Spanish market.
To support its development in France and abroad, the Kiloutou Group has decided to change its management structure by providing each country with its own resources and resources.
The Kiloutou Group has just acquired Rentecnika, a company based in Spain, specialized in the rental of equipment. This transaction allows Kiloutou to pursue its international expansion by entering the Spanish market.
The Kiloutou Group is continuing its development in Poland and has just acquired Tytanium Rental, one of the country’s leaders in the rental of equipment.
Sagard Private Equity signed today an agreement with PAI Partners to sell it control of Kiloutou, on the basis of an enterprise value of € 535m. The final assignment remains subject to the agreement of the competition authorities. Sagard, like the historical shareholders, Mr. F. Mulliez and the company's employees, will reinvest with the PAI.