Kiloutou continues its development in Germany with the acquisition of GL Verleih NRW Gmbh Cologne

GermanyAcquisitions

The Kiloutou group has just acquired GL Verleih NRW Cologne, a company specialising in the rental of access equipment in the Cologne region in Germany. This operation allows Kiloutou to pursue its international development plan by strengthening its presence as a specialist on the German market, a few weeks after the acquisition of the Butsch Meier group in Baden-Baden.

GL Verleih NRW Cologne is a local player in the rental of access equipment in the metropolis of Cologne, in the heart of the federal state of North Rhine Westphalia. With a branch office ideally located in the north of Cologne, the company and its 18 teammates offer a fleet of more than 100 access machines (aerial work platforms, articulated lifting platforms) of up to 70 m in length, which they make available to a clientele consisting mainly of industrial professionals.

Following on from the acquisition of Starlift in 2016 and the Butsch Meier group in May 2018, this new acquisition enables Kiloutou to continue to expand its access equipment rental business in Germany. The branch, its staff and management team will become part of the Starlift branch network with a change of name in the coming months.

“This acquisition is fully in line with Kiloutou’s development strategy in Germany, which aims to extend our positions in new high-potential regions. It illustrates once again our ability to unite quality players of all sizes around our development project. With this approach, we hope to quickly cover most of Germany through new acquisitions. I warmly welcome the 18 team members and managers of GL Verleih NRW to the Kiloutou Group.”
Olivier Colleau, Chief Executive Officer, Kiloutou Group

“We are very pleased with the acquisition of our agency by the Kiloutou group. It will allow our company to join a fast growing group by bringing our knowledge of the high potential Colonian market. We personally believe in Kiloutou’s development project, which our family has decided to actively support by retaining the operational management of the agency, which will benefit from new resources and a wide range of lifting equipment.”
Achim Seuren, shareholder and Managing Director of GL Verleih NRW Cologne

GL Verleih Arbeitsbühnen GmbH, located in Kelkheim and bearing the same trade name, is not part of this operation and remains fully independent. This operation is part of the active development dynamics of the Kiloutou group, with regular organic growth and continued external growth. Internationally, it extends the development strategy initiated in Poland, Spain, Italy and Germany over the last 5 years.