TDR-backed Algeco to acquire BUKO business units.

TDR Capital-backed Algeco Group, a business service company, specializing in modular space, is set to acquire BUKO Huisvesting and BUKO Bouw & Winkels, providers of temporary and semi-permanent buildings and services for the government in the Netherlands. Financial terms were not disclosed. The transaction will significantly strengthen Algeco's position in the Dutch modular space market, increasing the size of its fleet from 3k to more than 15k units. "This acquisition is an important step forward for Algeco Group since it materially strengthens our position and presence in the Dutch and European markets. I welcome BUKO Huisvesting, BUKO Bouw & Winkels and their employees to the Group; I am confident that customers will benefit from Algeco's industry-leading range of value-added products and services." Mike Smith, Algeco Chairman.