Kiloutou develops its activities in spain with the acquisition of ToolQuick S.A.

SpainAcquisitions Kiloutou develops its activities in spain with the acquisition of ToolQuick S.A.

The Kiloutou Group is pleased to announce the acquisition of the Spanish equipment rental company ToolQuick S.A. This operation will enable Kiloutou Spain to expand its network and complete its offering with 30 branches throughout the country dedicated to tooling solutions for the construction, renovation and civil engineering sectors.

Founded in 2009, ToolQuick is the leading specialist of the rental of small professional machinery for the construction, maintenance and renovation markets in Spain. With 30 branches and implants at collaborating construction materials distributors in Barcelona, Alicante, Valencia, Madrid, Malaga and Seville, the 98 teammates of ToolQuick operate a catalogue of more than 300 different references of tooling equipment, mostly electric and of the latest generation. The customer portfolio is made up of professionals from various industries that benefit from direct delivery, collection from the local shops and advanced digital journey.

Following the acquisition of several rental players that have enabled Kiloutou to build up a generalist network in Spain, this new addition will allow Kiloutou to develop in Spain a line of business that has built its reputation over the last 45 years in other countries where the brand is present, notably France. The ToolQuick branches and team will continue to operate under their own commercial brand but will develop strong commercial synergies with the network of 25 branches and 300 employees of Kiloutou Spain.

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, Managing Director, Kiloutou Spain

I am delighted and proud to announce the acquisition of our company by Kiloutou. The transfer will enable our teams to contribute to the growth of the Kiloutou Group with our deep knowledge of the tooling market in Spain and our faithful commitment to innovation. I am pleased to see our team and brand continuing their success while benefiting from new and additional investments, services and resources from the Kiloutou Group to continue to expand throughout the rest of the Spanish territory

José Luis Aliaga, CEO of ToolQuick S.A.

This move is part of the Kiloutou Group’s active campaign to promote development, through regular organic growth and the continued pursuit of external growth. Internationally, it is an extension of the development strategy undertaken in recent years in Poland, Spain, Italy, Germany, Denmark and Portugal.