Announced

Kiloutou to acquire Thor Jørgensen and FIM Noleggi.

Synopsis

Kiloutou, an equipment rental company, agreed to acquire Thor Jørgensen, a heavy earthmoving equipment and telehandler rental company, and FIM Noleggi, an aerial lift and telehandler rental business. Financial terms were not disclosed. "These two new acquisitions underscore our commitment to expanding our reach by boosting the Group's growth trajectory through external growth. The Italian market has a bright future, with major projects offering promising prospects. In Denmark, our leadership position must be continually challenged to maintain our position in a resilient and attractive market," Olivier Colleau, Kiloutou CEO.

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