NOVELIS acquired by ACCES INDUSTRIE

Groupe Berto acquired 100% of the six operational companies comprising Groupe TDS. This acquisition is one of the largest in Berto's history, allowing it to integrate a competitor with a very similar business model. The deal adds EUR43 million in revenue (representing ~15% inorganic growth) and 700 vehicles to Berto's fleet. It reinforces Berto's presence in strategic regions where TDS was well-established and consolidates its dominance in the specialized "rental with driver" market.

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).

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.

MBO Partenaires led a primary MBO to support the group's management in a new growth phase. The operation aimed to accelerate geographical expansion and professionalize the group's structure. At the time of the deal, GLT was generating approx. EUR46M in revenue with a fleet of 500 vehicles.

Warburg Pincus has finalized the acquisition of Supplier Assessment Services from Capita plc. This strategic carve-out includes the prominent Constructionline and Acclaim portfolios, marking a significant entry for the private equity firm into the UK’s third-party risk management space. The investment thesis for the acquisition is based on the increasing criticality of supply chain risk management and the rising global requirements for stringent health, safety, and procurement standards. Warburg Pincus intends to leverage the target's existing platform and deep network to accelerate growth through product enhancement and expansion into new industry verticals. The partnership aims to capitalize on the success of the target’s multi-level accreditation products and its single-source accreditation model, which provides essential resilience to public and private sector customers. By transitioning from a corporate-owned division to a private equity-backed entity, the organization gains the financial flexibility and operational support required to scale its technology-enabled services both domestically and internationally. This transaction reflects the growing demand for mission-critical compliance solutions in highly regulated infrastructure and service industries.