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 in 2022, is valued in this transaction at an EV/EBITDA multiple of , representing a to the average currently observed in the Business Services sector (11.3x).
-> Deep-dive in Business Services market trends
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
Equity Value
Multiples
EV / Revenue
EV / EBITDA
EV / EBIT
Historical Financials (EUR)
Similar deals in Industrial Services
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 08/2022 | BAKER HUGHES | QUEST INTEGRITY | UNITED STATES | TIC (Testing, Inspection, Certification) |
| 08/2022 | OAKLEY CAPITAL INVESTMENTS | PHENNA GROUP | UNITED KINGDOM | TIC (Testing, Inspection, Certification) |
| 07/2022 | ABL GROUP | ADD ENERGY | NORWAY | Engineering & Consulting |
| 07/2022 | LOXAM | SOFRANEL | FRANCE | Equipment Rental |
| 05/2022 | DXP ENTERPRISES | CISCO AIR SYSTEMS | UNITED STATES | Industrial & Technical Distribution |
| 04/2022 | SOLOMAT LOCATION | LOCANET | FRANCE | Equipment Rental |
| 04/2022 | DWYER INSTRUMENTS | OMEGA ENGINEERING | UNITED STATES | Industrial & Technical Distribution |
| 03/2022 | BUFAB | TI MIDWOOD & CO | UNITED KINGDOM | Industrial & Technical Distribution |
| 03/2022 | KILOUTOU | GSV (GRØNVOLD & SCHOU VESTERGAARD) | DENMARK | Equipment Rental |
| 02/2022 | HIG CAPITAL | BERARDI BULLONERIE | ITALY | Industrial & Technical Distribution |
REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 0M - 5M EUR
EBITDA range: 0M - 5M EUR
Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of ARTEIXO MAQUINARIA by LOXAM are reserved for mynth community members. Register for free to unlock full data.
Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Press release: view release
Acquirer: loxam