Algeco changes name to Modulaire Group

By Thomas Allen06 October 2020

UK-based modular space rental specialist Algeco Group has changed its name to Modulaire Group, while maintaining its current trading names.

Algeco, Modulaire Group

The change in name was said to reflect the company’s transformation over recent years, which has included the acquisition of six modular space businesses, primarily across Europe.

The change in name relates to group-level only. With operations in 24 countries across Europe and Asia Pacific, the company will continue to operate locally under its existing names.

These are Algeco in much of Europe, Elliott in the UK, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in the Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

Algeco Global Finance plc and Algeco Global Finance 2 plc, which issue senior secured notes and senior notes respectively, will be re-named Modulaire Global Finance plc and Modulaire Global Finance 2 plc in due course.

The company said it is continuing to drive profitability across the business, with a focus on optimising sales volume and price, effective capital investment and targeted acquisitions.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Kobelco suspends some machine sales in Europe
Temporary stop on certain crane and excavator sales due to Hino engine emission certification issue
Sunbelt expands into film rentals in UK
Aquisition of UK’s Media Access Solutions (MAS) is part of Sunbelt’s move into film and TV rental 
Construction’s energy crisis
Over 70% of construction firms forced to make changes due to rising energy costs
CONNECT WITH THE TEAM
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail: murray.pollok@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA