HUET LOCATION acquired by ACCES INDUSTRIE
Context
Acces Industrie acquired Huet Location to strengthen its nationwide presence and expand its specialized fleet. This move brings together two significant players, creating a combined entity with more than 14,000 machines and significantly enhancing Acces Industrie's offer in large-capacity telescopic handlers and high-altitude platforms.
By taking control of Huet Location, Acces Industrie continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Matelev in 2019.
HUET LOCATION, which reported an EBITDA margin of in 2023, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Business Services sector (11.3x).
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Target
A long-standing family-owned specialist in the rental of aerial work platforms and telescopic handlers. Founded in 1991, Huet Location is recognized for its technical expertise and its high-capacity machine fleet. At the time of acquisition, it operated 8 agencies across France.
Ent. Value
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Historical Financials (EUR)
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REFERENCES
Revenue range: 25M - 50M EUR
EBITDA range: 0M - 5M EUR
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Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.
Acquirer: acces industrie