Algeco expands footprint in France

By Thomas Allen13 January 2020

Algeco Group has acquired Altempo in France – the latest in a spate of European acquisitions by the US-based modular space specialist.

Algeco Altempo

Altempo delivers bespoke modular building solutions for large and complex tenders, including accompanying services such as maintenance and security. The acquisition will enable Algeco to tap into this attractive segment of the French modular space market.

Mike Smith, Chairman of Algeco, said, “Altempo will be an excellent addition to our market-leading business in France.”

Altempo operates a fleet of approximately 3,000 units, has 61 employees and generates annual revenues of about €25 million.

Smith added, “Under the leadership of Thierry Munier, Altempo has developed a compelling and well-differentiated offering that is underpinned by constant innovation across its products, components and services. I am delighted that Thierry will remain with Algeco and continue to lead this business.”

Thierry Munier, Managing Director of Altempo, said, “We are very excited to join Algeco, the leading modular space business in Europe.

“I am looking forward to working closely with Alexis Salmon-Legagneur and his team to ensure we’re best-placed to take advantage of the attractive opportunities available to us.”

Other recent acquisitions by Algeco include the purchase of Alquibalat is Spain and of BUKO Huisvesting and BUKO Bouw & Winkels in the Netherlands towards the end of 2019.

Algeco also recently announced the appointment of Mark Higson as its new CEO.

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
Toyota launches new reach trucks
New low emissions reach truck models from Toyota offer safety improvements 
How to improve sustainable practices in rental
Appleton Column: When it comes to sustainability in the equipment rental sector, Kevin Appleton says businesses should stop the virtue-signalling and look for meaningful actions
Zeppelin Rental completes Luther integration
Move strengthen’s Zeppelin’s position in technology for traffic telematics
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail:
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: