ARTEIXO MAQUINARIA acquired by LOXAM
Context
LoxamHune acquired Arteixo Maquinaria to consolidate its leadership in the Spanish market. This tactical acquisition allows Loxam to cover the Galician "white spot" in its national network. By integrating 50 employees and two strategic branches, LoxamHune strengthens its proximity service in a major industrial and logistics hub of Spain.
The acquisition of Arteixo Maquinaria is part of the growth strategy of Loxam, which already has several external growth operations under its belt, notably Jm Trykluft in 2021.
ARTEIXO MAQUINARIA, which reported an EBITDA margin of LOGIN in 2022, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Business Services sector (11.1x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
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Target
The leading equipment rental player in the Galicia region. Founded in 1978, the company is known for its operational excellence and high-quality fleet, serving construction and Corporate clients in North-Western Spain.
Ent. Value
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 0M - 5M EUR
EBITDA range: 0M - 5M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Acquirer: loxam