Kiloutou to acquire Werner Middeke Arbeitsbuhnenvermietung.

Kiloutou, a European rental company, agreed to acquire Werner Middeke Arbeitsbuhnenvermietung, which is specialized in the rental of powered access equipment in the North Rhine-Westphalia and Thuringia. Financial terms were not disclosed. “This acquisition is fully in line with Kiloutou's development strategy in Germany, which aims at strengthening our presence in high potential areas. It also illustrates our ability to federate around our development project, quality regional stakeholders with a strong local presence. Through such approach, we plan to be present in the major parts of Germany through selected acquisitions. I would like to warmly welcome the new team members from Werner Middeke Arbeitsbühnenvermietung into the Kiloutou group,” Olivier Colleau, Kiloutou Executive President.