Region: France,
Sector: Business & Technology Services

Nature of Business

Established in 1967, Loxam is a pioneer in rental equipment for the construction and civil engineering industries. In 1997, the business made its first acquisition abroad and the company now employs nearly 5,000 people across c.660 branches in 13 countries.

The company currently has a turnover in excess of €900m and has a fleet of equipment totalling 220,000 items across 1,000 product types.

Investment Overview

We invested for a minority share in 2011 and our global network and extensive sector expertise is helping to accelerate the company’s growth strategy by further increasing Loxam’s profile and presence across Europe.

Since our investment, Loxam has successfully completed the acquisitions of Hertz and Locarest, respectively the #3 and #5 player in France, more than doubling Loxam’s market share in North Eastern France, as well as 2 acquisitions in the Netherlands and Denmark to continue the international growth of Loxam.

In 2013, 2014 and 2016, we assisted Loxam in its refinancing strategy to successfully raise three high yield bonds of €300m, €660m and €250m respectively to pursue the external growth of the Group.

Regulatory notice: This transaction involved a recommendation of 3i Investments plc, advised by 3i France.

3i office contact

Visiting address:
29 rue de Berri
75008 Paris
Tel: + 33 1 73 15 11 00

Postal address:
42 rue Washington
75008 Paris

Private Equity Team
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