Kiloutou has acquired Diaz-Miquelez

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Description

The Kiloutou group has announced the acquisition of the Spanish general equipment rental group Diaz-Miquelez from its current owners Mr Juan Diaz and Mr Jorge Miquelez. This operation enables Kiloutou Spain to reinforce its network in the Northern part of Spain with a new strong position in La Rioja region.

Established in 1993, Diaz-Miquelez is the leading general equipment and scaffolding rental player in the city of Logrono, in the heart of the strategic region of La Rioja. With its 4 branches and depots around the city, the company and its team of 35 employees operates more than 900 pieces of rental equipment and offers bespoke services of large scaffolding projects as well as a complete choice of hardware consumables. The customer portfolio is made up of professionals from various industries that benefit from direct delivery or pick-up services at the local shop.

Global M&A Offices
Anquor Corporate Finance (Global M&A Spain)
Global M&A Advisory Advisor to the seller