SOFRANEL acquired by LOXAM
Context
Loxam acquired Sofranel to strengthen its footprint in the Hauts-de-France region. This tactical move was seen as a bold expansion into the "home turf" of its main rivals (Kiloutou and Acces Industrie). The integration added 8 agencies and approx. 70 employees to Loxam's national network.
The acquisition of Sofranel is part of the growth strategy of Loxam, which already has several external growth operations under its belt, notably Jm Trykluft in 2021.
SOFRANEL, which reported an EBITDA margin of in 2021, 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 major independent regional player in Northern France specializing in the rental of public works equipment (TP) and earthmoving machinery. Sofranel operated 8 agencies and was known for its deep local roots and high-quality fleet.
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REFERENCES
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.
Target: sofranel
Acquirer: loxam