M&A Deal Summary

Modulaire Group Acquires Locabox

On July 30, 2021, Modulaire Group acquired construction company Locabox

Acquisition Highlights
  • This is Modulaire Group’s 3rd transaction in the Construction sector.
  • This is Modulaire Group’s 2nd transaction in Italy.

M&A Deal Summary

Date 2021-07-30
Target Locabox
Sector Construction
Buyer(s) Modulaire Group
Deal Type Add-on Acquisition

Target

Locabox

Trivolzio, Italy
website
Locabox is a company that specialized in the rental of modular buildings, offers standard or customized solutions for the organization and management of spaces for companies in all sectors, for communities, and local authorities. Locabox is based in Trivolzio, Italy.

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Buyer(S) 1

Buyer

Modulaire Group

London, United Kingdom

website


Category Company
Sector Real Estate
DESCRIPTION

Modulaire Group creates smart spaces for people to live, work, and learn. Modulaire Group has operations in 25 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. Modulaire Group operates as Algeco in Europe and Scandinavia, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels, and BUKO Bouwsystemen in The Netherlands, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China. Modulaire Group is based in London, United Kingdom.


DEAL STATS #
Overall 5 of 7
Sector (Construction) 3 of 3
Type (Add-on Acquisition) 5 of 6
Country (Italy) 2 of 2
Year (2021) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-30 Fae Tecnifor

San Gemini, Italy

Fae Tecnifor is a provider of modular building leasing solutions in Italy. Fae Tecnifor operates a fleet of over 12,000 modular units primarily for clients within construction and public administration. Fae Tecnifor is based in San Gemini, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-19 Balat

Pamplona, Spain

Balat engages in the Spanish market for the rent and sale of modular buildings, with a strong presence in the construction sector. It operates over 15,000 units from 15 sites in Spain and Portugal, including in Madrid, Barcelona, Bilbao, Coruna, Malaga, Seville, and Valencia. Balat was founded in 1971 and is based in Pamplona, Spain.

Buy -