AltéAd lifting division has been acquired by Kiloutou SA
June 2011 — 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.
Our role in the transaction
Oaklins' team in France advised Groupe AlteAd, S.A. in this transaction.
Talk to the deal team
Related deals
Hulcher has been acquired by Turnspire Capital Partners
Hulcher Services, Inc., a leading provider of specialized rail, industrial and infrastructure services across North America, has been acquired by Turnspire Capital Partners LLC. The partnership with Turnspire marks the next chapter in Hulcher’s growth, bringing together a proven operator of mission-critical infrastructure services with an investor committed to supporting the company’s people, capabilities and long-term development.
Learn moreTA Associates has completed a sell-down of its stake in Eurowag
TA Associates has completed a US$40 million accelerated bookbuild (ABB), selling approximately 4.3% of its shareholding in W.A.G. payment solutions AS (Eurowag) through a secondary offering on the London Stock Exchange. The transaction formed part of the private equity sponsor’s continued partial exit following its investment in Eurowag in 2015. The offering attracted strong demand from international institutional and Czech investors, resulting in a successful placement at US$1.33 per share, a 7.4% discount to the previous close and a 2.2% discount to the one-month volume-weighted average price (VWAP).
Learn moreNCL has sold its air and sea freight forwarding business to MOVIT
NCL – Transitários e Viagens, S.A. has sold its air and sea freight forwarding business to Movitlog, Lda. (MOVIT).
Learn more