French international rental group Loxam has acquired Danish rental company JM Trykluft from its owners Christian Kannegaard Samuelsen and Carl Frederik Studier.
Based in Aarhus, JM Trykluft offers a wide range of aerial work platforms, telehandlers, fork lifts, mini crawlers and spider cranes, as well as general tools and equipment from nine locations throughout Jutland with 70 employees. Last year the company generated revenues of more than €18 million. The addition of JM Tryluft expands Loxam’s branch network in Denmark to 37, with more than 330 employees and a rental fleet of more than 23,000 machines.
Samuelsen and Studier, said: “We are very excited and proud to announce the acquisition of JM Trykluft by Europe's number one, Loxam. We would like to thank our dedicated employees, vendors and other relations for their strong commitment through decades. Together with Loxam, an extraordinary company that shares many of the same values and with a strong management, JM Trykluft will continue its success to the next level.”
Loxam president Gérard Déprez, added: “I am delighted to welcome the skilled and experienced JM Trykluft team into the Loxam group. JM Trykluft is a long-established and renowned player in Denmark and operates an equipment range very well known to the Loxam group and we will be able to share our mutual expertise. We will join forces to provide our customers with the best service through an expanded and unique network.”