MASKINSLUSSEN acquired by LOXAM
Context
Loxam acquired 100% of Maskinslussen to densify its network in Sweden, specifically in the western part of the country. This acquisition added 3 branches to Loxam's existing Swedish operations. The deal allowed Loxam to integrate 35 employees and a high-quality fleet, strengthening its competitive position in the Swedish industrial heartland.
By taking control of Maskinslussen, Loxam continues its expansion strategy. Previously, the group had completed 2 acquisitions, including Ramirent in 2019.
MASKINSLUSSEN, which reported an EBITDA margin of in 2020, 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 regional generalist rental company in Sweden, specialized in providing equipment for the construction and Corporate sectors. Maskinslussen operated 3 strategic branches and was recognized for its local expertise and proximity service.
Ent. Value
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Historical Financials (EUR)
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| 02/2021 | ARDIAN | GBA GROUP | GERMANY | TIC (Testing, Inspection, Certification) |
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REFERENCES
Valuation range: EV 10M - 30M EUR
Revenue range: 5M - 25M 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: loxam