Announced
Completed
Financials
Sources
Tags
Majority
rental of construction machinery
Domestic
Completed
Single Bidder
Machinery: Construction
Acquisition
Private
France
Friendly
Synopsis
Solomat Location, an office supplies company, completed the acquisition of Termaloc, a company specializing in the rental of construction machinery and equipment. Financial terms were not disclosed. "This merger with Solomat Location will allow Termaloc to write a new page in its history which began almost thirty years ago and to bring the know-how of a large group. My first thanks go to the FIDAL team, for its strategic role in this operation, at each of its stages: structuring, coordination, negotiation and finalization with dedicated and involved support. Thanks also to the In Extenso Finance teams who played a major role in structuring and organizing the competitive bidding process for this operation, all in a climate of trust," Declares Franck Feret, Termaloc Director.
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