Kiloutou makes two further acquisitions in Spain

Kiloutou has acquired two further rental companies in Spain, the low-height specialist Liftisa S.L. and truck mounted platform company Gloobal Movingrent S.A.

The deals, for undislosed prices, will give Kiloutou six further rental locations in Spain, in Barcolona, Valencia and Madrid, where each company has depots.

The two companies had a single owner, Ivan Papell, a veteran of Spain’s access rental business, who was CEO of both.

They are the ninth and tenth acquisitions for Kiloutou in Spain, and follow the addition of small tools rental company ToolQuick in October.

Liftisa was founded in 2011 – although the brand has existed since 1989 – and its 80 staff manage a fleet of more than 2,000 lifts.

Gloobal was founded in 2015 and specializes in short- and long-term rental of vehicle-mounted platforms and cranes. It has 30 staff and has a fleet of more than 550 vehicles.

Kiloutou said the Liftisa and Gloobal teams will manage the commercial development of this new range of equipment throughout Kiloutou’s national network in Spain, which comprises 56 branches and 400 employees.

Adding expertise and leadership

Cyril Brillouet, managing director of Kiloutou Spain, “We seek to add expertise and leadership in the rental of platforms for working at height, and the acquisition of these two companies perfectly meets these objectives.

“We aim to achieve leadership in these three communities and extend it to other regions. Our goal at Kiloutou is to support their growth strategy by combining our offerings in the Spanish market and sharing our teams’ market knowledge.”

Ivan Papell added; “I am very pleased and proud to announce the acquisition of our two companies by Kiloutou. Both projects are very solid, ambitious, and have strong potential.

This new step, in addition to consolidating their position, will allow our teams and projects to continue their strong growth while benefiting from Kiloutou Group’s services and resources, enabling new and additional investments and expansion throughout the rest of Spain.”

The deals represent the latest moves by France-based Kiloutou to expand internationally. Apart from its home market it is also operating in Spain, Poland, Italy, Germany, Denmark and Portugal. Kiloutou has a workforce of more than 7,000, with 600 branches and a total machine fleet of 350,000.

Kiloutou acquires ToolQuick Alquiler Deal adds small tools rental specialist