Squire Patton Boggs has advised France-based Kiloutou on the purchase of Wiesecker Werkzeugvermietung e.K. in Germany.
Headquartered in Paris, Kiloutou specializes in the rental of equipment and is the fourth largest rental company in Europe. It operates a network of 440 branches in France, as well as branches in Poland, Spain, Germany and Italy. Following on from the integration of five companies in Germany within the last three years, this new acquisition enables Kiloutou to continue its expansion in the German market giving it a total of 14 branches in the country.
Wiesecker Werkzeugvermietung, located in Giessen, near Frankfurt on the Main, Hesse, specializes in the rental of powered access machines, aerial working platforms and construction site equipment.
The team advising Kiloutou was led by Corporate partner Volker Heidbüchel in Berlin and included Laura Janke, Nora Thies and Corinna Toelle in the Corporate Practice, Axel Kunze in the Real Estate Practice, Mareike Lucht in the Data Privacy, Cybersecurity & Digital Assets Practice, Alper Kaufer in the Labour & Employment Practice and Oliver Geiss in the Competition and Antitrust Practice.
“We’re pleased to have supported Kiloutou on a third transaction in Germany as it expands its business through strategic acquisition,” commented Volker Heidbüchel.