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.
By taking control of Arteixo Maquinaria, Loxam continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Maskinslussen in 2021.
ARTEIXO MAQUINARIA, which reported an EBITDA margin of [members only] in 2022, is valued in this transaction at an EV/EBITDA multiple of 5x–12x, a level twice as low as the average currently observed in the Business Services sector (11.4x).
-> 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
€10–30M
Equity Value
[members only]
Multiples
EV / Revenue
1x–3x
EV / EBITDA
5x–12x
EV / EBIT
[members only]
Historical Financials (EUR)
Similar deals in Industrial Services
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| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 08/2022 | OAKLEY CAPITAL INVESTMENTS | PHENNA GROUP | UNITED KINGDOM | TIC (Testing, Inspection, Certification) |
| 08/2022 | BAKER HUGHES | QUEST INTEGRITY | UNITED STATES | 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 | DWYER INSTRUMENTS | OMEGA ENGINEERING | UNITED STATES | Industrial & Technical Distribution |
| 04/2022 | SOLOMAT LOCATION | LOCANET | FRANCE | Equipment Rental |
| 03/2022 | BUFAB | TI MIDWOOD & CO | UNITED KINGDOM | Industrial & Technical Distribution |
| 03/2022 | KILOUTOU | GSV (GRØNVOLD & SCHOU VESTERGAARD) | DENMARK | Equipment Rental |
| 02/2022 | MasterGrid | SHB ELECTRIC | FRANCE | Multi-technical Installation |
Other operations with LOXAM
| Date | Acquirer | Target | Country | Sector |
|---|---|---|---|---|
| 10/2026 | LOXAM | VYCAS | SPAIN | Equipment Rental |
| 05/2026 | LOXAM | MILLS | BRAZIL | Equipment Rental |
| 09/2025 | LOXAM | TOSCANA NOLEGGI | ITALY | Equipment Rental |
| 05/2023 | LOXAM | MOTORMAC RENTAL | BRAZIL | Equipment Rental |
| 03/2023 | LOXAM | JIAB HYRCENTER | SWEDEN | Equipment Rental |
| 12/2022 | LOXAM | HR ALUGUER | PORTUGAL | Equipment Rental |
| 10/2022 | LOXAM | A GERADORA ALUGUEL DE MÁQUINAS | BRAZIL | Industrial Services |
| 07/2022 | LOXAM | SOFRANEL | FRANCE | Equipment Rental |
| 06/2021 | LOXAM | MASKINSLUSSEN | SWEDEN | Equipment Rental |
| 06/2021 | LOXAM | JM TRYKLUFT | FRANCE | Equipment Rental |
REFERENCES
Valuation range: EV €10–30M
Revenue range: €5–25M
EBITDA range: €5–25M
EV/Revenue range: 1x - 3x
EV/EBITDA range: 5x - 12x
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