Kiloutou completed the acquisition of Wiesecker Werkzeugvermietung.

Kiloutou, a French company specializing in equipment rental, completed the acquisition of Wiesecker Werkzeugvermietung, which is specialized in the rental of powered access machines and construction sites equipment. Financial terms were not disclosed. "I am delighted about the acquisition of our rental equipment business by the Kiloutou Group. It will enable our teams to contribute to the fast growth of the group with our strong knowledge of the high potential market in Hessen and beyond. I personally believe in the Kiloutou development project on the German market and I am pleased to see that our team and our clients will benefit from now on from new investments and a wider range of rental equipment," Udo Heinrich, Wiesecker Werkzeugvermietung Founder and Managing Director.