The Kiloutou Group is pleased to announce the acquisition of the Spanish equipment rental company Valser S.A.. This operation enables Kiloutou Spain to expand its network on the Mediterranean coast with 3 new branches around the strategic harbor city of Valencia.
Established in 1983, Valser S.A. is a leading earthmoving & power equipment rental player in the harbor city of Valencia and its region. With 3 branches and depots located in Castellon de la Plana, Alicante and Valencia, the company and its team of 42 employees operates more than 1500 pieces of rental equipment. The customer portfolio is made up of professionals from various industries that benefit from direct delivery or pick-up services at the local shops.
Following on from the acquisition of several rental players in the North of Spain in the past years, this new addition enables Kiloutou to continue expanding its network coverage on the Mediterranean coast with a well renowned local leader. The branches and the team of Valser S.A. will join the network of 22 branches and 250 employees of Kiloutou Spain with a change of commercial brand within the following months. The branch located in Valencia will become a regional hub to develop our operations in the region.
For Olivier Colleau, CEO of the Kiloutou Group,”This acquisition is fully in line with Kiloutou’s development strategy in Spain, which aims at strengthening our presence in high-potential regions and expanding our network nationally. It also illustrates our ability to federate high-caliber regional players with a strong local presence, around our development project. I would like to warmly welcome the team members of Valser to the Kiloutou Group.”
Cyril Brillouet, Managing Director of Kiloutou Spain, explains “After two integrations in 2021, the acquisition of Valser S.A. confirms Kiloutou’s commitment to the Spanish rental market and is fully in line with Kiloutou’s development strategy in the country, which aims at deploying our geographical presence in high potential areas. I would like to warmly welcome the 42 skilled and experienced team members from Valser into the Kiloutou Group. “
Carlos Biosca Martin, ERA 2022 Lifetime Achievement Award winner and co-owner of Valser S.A., said: “I amdelighted and proud to announce the acquisition of our company by Kiloutou. The handover will enable our teams to contribute to the growth of the Kiloutou Group with our strong knowledge of the market in the Valencian Community. I am pleased to see our teams continuing their success while benefiting from new investments, services and resources“.
This move is part of the Kiloutou Group’s active campaign to boost development, through regular organic growth and the continuing pursuit of external growth. Internationally, it is an extension of the development strategy undertaken in Poland, Spain, Italy, Germany, Denmark and Portugal over the past years.
