Kiloutou, a French construction equipment rental group, completed the acquisition of German rental company Butsch & Meier in June 2018.
Butsch & Meier rents a fleet of c. 470 aerial work platforms and telehandlers to a broad range of clients. With 65 employees and operating from 13 locations (a.o. Baden-Baden, Freiburg and Karlsruhe) the company is a regional champion in South Western Germany.
Exploiting the favourable market developments, the shareholders of Butsch & Meier decided to sell their company due to the lack of successors.
Butsch & Meier is Kiloutou’s second German acquisition and strengthens its rental depot network by adding several highly successful sites in South Western Germany.
CASE Corporate Finance Germany acted as sole financial adviser to the shareholders of Butsch & Meier Group. Following the sale of Hamburg-based Starlift in 2016, this is the second successful transaction in the German equipment rental market advised by CASE Corporate Finance.