{"id":15295,"date":"2023-05-17T17:13:33","date_gmt":"2023-05-17T15:13:33","guid":{"rendered":"https:\/\/loxam.com\/?p=15295"},"modified":"2023-05-17T17:13:08","modified_gmt":"2023-05-17T15:13:08","slug":"acquisition-motormac-rental-bresil","status":"publish","type":"post","link":"https:\/\/loxam.com\/en\/acquisition-motormac-rental-bresil\/","title":{"rendered":"Loxam announces the acquisition of Motormac Rental and strenghtens its presence in Brazil"},"content":{"rendered":"

Degraus Andaimes M\u00e1quinas e Equipamentos para Constru\u00e7\u00e3o Civil S.A. (\u201cLoxam Degraus\u201d), a subsidiary of the Loxam Group (\u201cLoxam\u201d) announces that it has entered into an agreement with the Velloso and Solheid families with respect to the acquisition of Vellopar Participa\u00e7\u00f5es Ltda., SPP Participa\u00e7\u00f5es Ltda. and TPA Participa\u00e7\u00f5es Ltda., thereby giving full control of Motormac Rental Loca\u00e7\u00e3o Equipamentos S.A. (\u201cMotormac Rental\u201d).<\/span><\/p>\n

Established in 2007, Motormac Rental has become a major player in the equipment rental market in the South of Brazil, focusing on powered access, power generation and lighting towers equipment ranges. Headquartered in Porto Alegre, the company operates nine branches across the Rio Grande do Sul, Paran\u00e1, Santa Catarina and S\u00e3o Paulo states, and employs approximately 170 people. Through this acquisition, Loxam enters into the dynamic southern states of the country, and further consolidates its presence on the Brazilian equipment rental market. With a combined network of 27 branches, this transaction enables Loxam to double its revenue in the country. The Velloso and Solheid families will from now on focus resources on their historical dealership activities, and will further develop new businesses.<\/span><\/p>\n

The completion of the transaction, which is subject to the satisfaction of certain conditions, is expected to take place in the coming weeks.<\/span><\/p>\n

Simone Pitten Velloso, Managing Director of Motormac Rental<\/strong>, commented: \u201cWe are very proud of what we have built with Motormac Rental, reaching the leading market position in southern Brazil, achieved through intense work and the development of a high level of credibility with its customers and employees. The companies are united by strong cultural synergies, and Loxam will strongly contribute to the growth of Motormac Rental by maintaining the reliability and the key ethical values that have always guided our company. From now on, our efforts will focus on distribution of equipments and renewable energies.<\/em>\u201d<\/span><\/p>\n

Guilherme Boog, Managing Director of Loxam Degraus<\/strong>, who will assume the leadership of combined operations following the transition period, stated: \u201cI am very pleased to welcome Motormac Rental within the Loxam Group. This transaction demonstrates Loxam\u2019s strategy to become a leading national player in Brazil. <\/em>The strong geographical complement and the competence of the team are a very good fit to our operations,<\/em> and Loxam will benefit from Motormac Rental\u2019 strong local anchor. I look forward to welcoming our new team members upon the closing of the acquisition.\u201d <\/em><\/span><\/p>\n

G\u00e9rard D\u00e9prez, President of Loxam<\/strong>, added: \u201cThe acquisition of Motormac Rental, which will be financed through Loxam\u2019s own resources, demonstrates the Group\u2019s commitment to continue its development in Brazil, a buoyant market with significant growth potential. Loxam is always pleased to welcome new colleagues, with whom to share mutual expertise and common ambition to continuously improve the services we provide to our customers<\/em>.\u201d<\/em><\/span><\/p>\n

The Velloso and Solheid families have been advised by Planimec (legal advisor). Caravel Corporate Finance and DDSA (De Luca, Derenusson, Schuttoff & Advogados) provided respectively financial and legal advise to Loxam, and Mazars acted as financial and tax due diligence advisor.<\/span><\/p>\n

 <\/p>\n

INVESTOR CONTACTS<\/strong><\/span><\/h5>\n\n\n\n
LOXAM<\/u><\/span><\/p>\n

Patrick Bourmaud \/ Emmanuel Leblanc<\/span><\/p>\n

+33 (0)158 440\u00a0400<\/span><\/p>\n

investor@loxam.com<\/a><\/span><\/td>\n

FTI Consulting<\/u><\/span><\/p>\n

Cosme Julien-Madoni \/ Emily Oliver<\/span><\/p>\n

\u00a0+33 (0)147 036\u00a0819<\/span><\/p>\n

loxam@fticonsulting.com<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Degraus Andaimes M\u00e1quinas e Equipamentos para Constru\u00e7\u00e3o Civil S.A. (\u201cLoxam Degraus\u201d), a subsidiary of the Loxam Group (\u201cLoxam\u201d) announces that it has entered into an agreement with the Velloso and Solheid families with respect to the acquisition of Vellopar Participa\u00e7\u00f5es Ltda., SPP Participa\u00e7\u00f5es Ltda. and TPA Participa\u00e7\u00f5es Ltda., thereby giving full control of Motormac Rental Loca\u00e7\u00e3o Equipamentos S.A. (\u201cMotormac Rental\u201d). Established in 2007, Motormac Rental<\/p>\n","protected":false},"author":13,"featured_media":15285,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[75],"tags":[],"class_list":["post-15295","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release"],"acf":[],"_links":{"self":[{"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/posts\/15295","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/comments?post=15295"}],"version-history":[{"count":1,"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/posts\/15295\/revisions"}],"predecessor-version":[{"id":15296,"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/posts\/15295\/revisions\/15296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/media\/15285"}],"wp:attachment":[{"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/media?parent=15295"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/categories?post=15295"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/loxam.com\/en\/wp-json\/wp\/v2\/tags?post=15295"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}