Divestiture • Business Services

Loxam Acquires Hertz Alquiler de Maquinaria S.L.

On June 26, 2015, Loxam acquired business services company Hertz Alquiler de Maquinaria S.L. from Herc Rentals

Acquisition Context
  • This is Loxam’s 5th transaction in the Business Services sector.
  • This is Loxam’s 1st transaction in Spain.

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M&A Deal Summary

Date June 26, 2015
Target Hertz Alquiler de Maquinaria S.L.
Sector Business Services
Buyer(s) Loxam
Sellers(s) Herc Rentals
Deal Type Divestiture

Target Company

Hertz Alquiler de Maquinaria S.L.

Madrid, Spain
Hertz Alquiler de Maquinaria, S.L. is a provider of industrial equipment rental services. The company was incorporated in 1986 and is headquartered in Madrid, Spain.
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Buyer Overview 1

Buyer

Loxam

Prais, France

Category Company
Founded 1967
Sector Retail
Employees4,000
Revenue 703M EUR (2014)
DESCRIPTION

Loxam is a provider in the rental of materials for building, public works, green spaces, services, industry, and events, offers all the equipment and tools for carrying out your work. Loxam was established in 1967 and is based in Prais, France.


Deal Context for Buyer #
Overall 7 of 11
Sector: Business Services 5 of 8
Type: Divestiture 4 of 4
Country: Spain 1 of 2
Year: 2015 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-26 Maroc Elevation

Bouskoura, Morocco

Maroc Elevation is a powered access equipment company based in Morocco. MAROC ELEVATION operates a fleet of more than 200 machines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-18 Hune Rental SLU

Madrid, Spain

Hune Rental SLU is one of the major equipment rental companies in Spain with a network of 35 branches. It also operates branch networks in Portugal, France and joint-ventures in Saudi Arabia and Colombia.

Buy -

Seller Profile 1

SELLER

Herc Rentals

Bonita Springs, Florida, United States

Category Company
Founded 1965
Sector Business Services
Employees7,600
Revenue 3.4B USD (2024)
DESCRIPTION
Herc Holdings' corporate headquarters in Bonita Springs, Florida.
Herc Holdings' corporate headquarters in Bonita Springs, Florida.

Herc Rentals is an equipment rental supplier. Herc Rentals is a full-line equipment-rental supplier in key markets, including commercial and residential construction, industrial and manufacturing, refineries and petrochemicals, civil infrastructure, automotive, government and municipalities, energy, remediation, emergency response, facilities, entertainment and agriculture. Herc Rentals was formed in 1965 and is based in Bonita Springs, Florida.


Deal Context for Seller #
Overall 2 of 3
Sector: Business Services 2 of 3
Type: Divestiture 2 of 3
Country: Spain 1 of 1
Year: 2015 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-26 Hertz Equipment France SA

Trappes, France

Hertz Equipment France SA is a provider of equipment rental services and is based in Trappes, France.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-17 Herc Holdings - Atlantic Canada Assets

Bonita Springs, Florida, United States

Herc Holdings Inc. - Atlantic Canada Assets include two full-service branches located in Dartmouth, NS and Saint John, NB. Herc Atlantic has developed a strong presence in the Maritimes, with a dedicated and professional team of employees and a solid core of customers.

Sell -

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