Groupe AltéAd, S.A. has sold its lifting division to Kiloutou SA for US$16 million.
Kiloutou SA operates as a construction equipment rental company. It engages in the leasing of DIY, heating, air conditioning, and gardening equipment. The company serves building trade professionals, civil engineering firms, manufacturers and individuals.
Groupe AlteAd, S.A. provides logistics and industrial freight transportation services in France. The company also offers industrial maintenance services.
Oaklins' team in France advised Groupe AlteAd, S.A. in this transaction.
Thibaut de Monclin
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