GROUPE TDS (TRANSPORTS DEPLACEMENTS SERVICES) acquired by GROUPE BERTO

Equistone Partners Europe acquired a majority stake in Vulcain Engineering, alongside Sagard as a minority co-investor and the management team. The transaction provided an exit for previous sponsors (who had held the asset since 2014) and Initiative & Finance. The new shareholders aimed to accelerate international growth and execute a buy-and-build strategy to consolidate the fragmented engineering market.

Jacobs entered into a definitive agreement to acquire John Wood Group's Nuclear business. The acquisition is a strategic move to strengthen Jacobs' Aerospace, Technology & Nuclear (ATN) line of business by adding deep technical consulting and decommissioning capabilities. The strategic rationale centers on accelerating profitable growth and enhancing Jacobs' credentials as a Tier-1 global nuclear services provider. By integrating Wood Nuclear’s 2,000 employees and its research facilities, Jacobs gains increased access to the U.K., European, and Asian nuclear markets. The transaction is expected to be highly synergistic, with Jacobs targeting £10 million ($12 million) in full run-rate cost synergies. Financially, the deal is expected to be accretive to adjusted EPS by $0.10 to $0.12 in the first year. The acquisition supports Jacobs' sustainability agenda by expanding its role in nuclear clean-up and cleaner energy projects, while maintaining a strong balance sheet with a pro-forma net debt to EBITDA ratio under 1.0x.

Loxam launched a friendly cash tender offer to acquire 100% of Ramirent. This acquisition was a strategic masterpiece for Loxam, balancing its geographical exposure (heavily French-centric at the time) by adding dominant positions in Finland, Sweden, Norway, Poland, and the Baltic states. The combined entity became the leading rental player in Europe with revenues exceeding EUR2.3 billion.

Initiative & Finance and Turenne Groupe acquired a majority stake in Nord Coffrage to support its national expansion. Under the leadership of the founder and a reinforced management team, the goal was to capitalize on the Grand Paris projects and densify the regional agency network (Lille, Paris, Lyon, Nantes).

Acces Industrie acquired Novelis to strengthen its "Material Handling" division and diversify away from the pure construction cycle. This acquisition integrated approx. 1,000 machines and a strategic distribution network in Western France. It also allowed the group to leverage Novelis' expertise in equipment sales, complementing its core rental business.

Ramirent acquired Stavdal to create the market leader in Sweden. this deal was finalized just as Loxam was launching its tender offer for Ramirent, meaning Stavdal was immediately integrated into the Loxam group.

Speedy Hire acquired Lifterz. This acquisition was a cornerstone of Speedy's strategy to build a national powered access business, following the previous acquisitions of Prolift and Platform Sales & Hire. It significantly strengthened Speedy's presence in the North of England.

MISTRAS Group has acquired 100% of the stock of Onstream Pipeline Inspection Services from the Canadian private equity firm Novacap and other shareholders. The strategic rationale for the acquisition is to establish a "pipeline integrity pillar" within MISTRAS’ service portfolio. Onstream brings a fast-growing, highly profitable platform with a 4-year revenue CAGR of over 25%. The integration allows MISTRAS to leverage its extensive US customer relationships to accelerate Onstream’s expansion into the American market and the large-diameter midstream segment. Onstream’s management team, including its CEO and CTO, will remain with the business to drive future innovation and technological synergy with MISTRAS’ advanced NDT services.

Ramirent acquired the entire share capital of SRV Kalusto and simultaneously signed a long-term cooperation agreement to become the preferred equipment provider for SRV Group's construction sites. This allowed SRV to monetize its fleet and focus on construction, while Ramirent secured a major recurring revenue stream.

Kiloutou acquired Michaud Location to reinforce its network in the Alpes-de-Haute-Provence and Var departments. This tactical acquisition integrated 3 branches and approx. 15 employees. It allowed Kiloutou to recover a loyal local customer base and a well-maintained fleet of about 300 machines.