Loxam buys Denmark’s JM Trykluft

By Murray Pollok02 June 2021

Loxam is expanding its Danish business with the acquisition of JM Trykluft A/S, a business founded in the 1970s and with 9 depots in Jutland.

JM Trykluft, which employs 70 people and reported revenues of €18 million last year, is being sold by its current owners, Christian Kannegaard Samuelsen and Carl Frederik Studier.

The deal will strengthen Loxam in western Denmark, where it has been operating since 2007. Loxam also acquired Cramo’s Danish business in 2017, which was then a €20 million operation.

The JM Trykluft locations will add to Loxam’s existing Danish network of 21 general plant branches and six specialized locations for access and portable accommodation.

“We are very excited and proud to announce the acquisition of JM Trykluft by Europe’s no. 1, Loxam”, said Kannegaard Samuelsen and Frederik Studier.

“We would like to thank our dedicated employees, vendors and other relations for their strong commitment through decades.”

Gérard Déprez, President of Loxam, added: “I am delighted to welcome the skilled and experienced JM Trykluft team into the Loxam Group.

“JM Trykluft is a long-established and renowned player in Denmark and operates an equipment range very well known to the Loxam Group and we will be able to share our mutual expertise.”

The largest rental player in Denmark is GSV, which has grown through acquisitions, the largest being Ramirent’s Danish business, which was bought in 2018.

Delivered directly to your inbox, Access International Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Industry update: Rough terrain scissors
A healthy economy and buoyant construction market are fueling demand for RT scissors, but backlogs are hitting historical highs as OEMs struggle to deliver equipment
IPAF publishes global MEWP safety analysis
Global Safety Report for 2022 covets accident data from 2012 to 2021
Kranpunkten’s record green Niftylift order
Order includes fully electric and hybrid machines
Euan Youdale Editor, Access International Tel: +44 (0)1892 786 214 E-mail: euan.youdale@khl.com
Ollie Hodges Sales Manager Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com