French international rental group Kiloutou has acquired rental company AB Matériels, based in the Vaucluse region of Southern France.
Founded in 1996 AB Matériels operates from three locations - Avignon, Cavaillon and Saint-Cannat (Aix-en-Provence). With a fleet of around 800 machines - mostly earthmoving related - it has a fleet of aerial work platforms and telehandlers, mostly from Haulotte. Kiloutou will merge the locations, equipment and 18 employees into its existing branch network.
Frédéric Miceli, owner and manager of AB Matériels, said: “I am delighted that AB Matériels has joined Kiloutou. The proposed integration project was an essential element in my decision to sell and will allow our teams to continue the development of the company with additional resources and means. I am confident in the ability of the teams from both companies to make this merger a real success.”
Pierre Knoché, managing director of Kiloutou France added: "This merger allows us to develop our specialised public works network in the Avignon area and to fully benefit from complementary products in this sector. I am very happy to welcome the AB Materiels team members to the Kiloutou group."