Acquisition in Spain for Loxam

By Murray Pollok12 July 2022

Loxam’s Spanish business LoxamHune has acquired Arteixo Maquinaria, a rental company with two locations in Galicia, north west Spain. The seller is José Purriños and his family.

Arteixo Maquinaria was established in 1978 and employs around 50 people in branches at Arteixo and Santiago de Compostela.

Luis Angel Salas, CEO of LoxamHune, said: “I look forward to welcoming Arteixo Maquinaria’s team to LoxamHune. Arteixo Maquinaria is an established and reputable player in the Galicia region, known for its operational excellence and premium equipment.

“We will join forces to provide our customers with the best service through an expanded and unique network.”

José Purriños, the Chairman and founder of Arteixo Maquinaria, said the business was “the company of my life, and without a shadow of a doubt, I leave it in good hands.

“Our position and knowledge, added to the experience and potential of the Loxam Group, will be the perfect mix for achieving great successes”

Luis Angel Salas, CEO of LoxamHune.

The President of Loxam, Gérard Déprez, added that the acquisition demonstrated Loxam’s commitment to grow further in Spain; “and, I believe, [it] will be an excellent fit for LoxamHune’s current operations.

“I am always pleased to welcome companies with strong local anchoring and experience, such as Arteixo Maquinaria, into the Loxam Group. ”

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
Europlatform set for September
IPAF’s Europlatform conference is just a month away, taking place in Rome
Speedy partners with YouTube’s DIY influencers
Rental firm to reach new customers with social media stars The Restoration Couple  
ARA forecasts 12.5% revenue hike in 2022
Forecast bullish despite headwinds, says quarterly update
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