The Kiloutou Group has just signed the acquisition of Tora, a company specialising in the rental of modular spaces and equipment for civil engineering in the North of France. This transaction allows Kiloutou to strengthen its generalist offer in the Lille area and to continue the national development of its speciality dedicated to modular spaces.
Tora is a Lille-based player in the rental of modular spaces and public works equipment, with a network of two branches (one dedicated to each business) and a workforce of nearly 40 people. The company has a fleet of approximately 1,500 modular spaces (modules, containers and associated elements) and more than 700 machines (mainly excavators, loaders and compactors) which it makes available to a professional clientele consisting of independent tradesmen, SMEs and major national construction and civil engineering accounts.
This acquisition is of twofold interest to Kiloutou. Firstly, it enables it to strengthen its service offering for civil engineering professionals in the Lille area by integrating a new branch that complements its current network. It also gives Kiloutou the opportunity to accelerate the deployment of its modular spaces rental business by welcoming a base to serve its customers in the North of France. Kiloutou intends to rely on the experience and know-how of Tora’s teams to continue developing these two activities.
“This acquisition is fully in line with Kiloutou’s multi-specialist strategy in France, which aims to strengthen our local positions in our core business as a generalist rental company, while continuing to develop our activities in new complementary specialities. As far as the rental of modular spaces is concerned, it contributes to Kiloutou’s ambition to become one of the leaders in this market at a national level in order to support its customers in this speciality and to fully benefit from the strong complementarities with its current product range”.
Xavier du Boÿs, Chairman and CEO of the Kiloutou Group
“I am delighted with the acquisition of Tora by the Kiloutou Group. It will enable the company to continue its development by providing it with additional resources and means. I am confident in the ability of the teams of both companies to make this merger a real success.”
Patrice Ougier, President and majority shareholder of Tora