Announced
Completed
Synopsis
Kiloutou, a provider of construction equipment rental services, completed the acquisition of Toolquick, a provider of tools and machinery rental services. Financial terms were not disclosed. "ToolQuick is our eighth acquisition in Spain but by far the most strategic one. It is one of the few Spanish machinery rental companies with a strong presence in multiple key provinces and with a vocation for growth and expansion. Our aim at Kiloutou is to support this growth strategy by combining our offering across the Spanish market and sharing the market knowledge of our teams. I would like to warmly welcome the ToolQuick’s 98 skilled, experienced and innovative team members to the Kiloutou Group," Cyril Brillouet, Kiloutou Managing Director.
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