Kiloutou enters UK and Irish markets through KDM Hire acquisition

France-based equipment rental company Kiloutou has acquired KDM Hire, marking its first entry into the UK and Irish rental markets through a transaction that brings a €42m revenue business employing 250 people at seven locations including Belfast, Dublin and Cork into the group's expanding international portfolio.

International Rental News reported that five of KDM's locations, including its head office in Cookstown, are in Northern Ireland, whilst its Cork and Dublin depots are in the Republic of Ireland. The company was founded in 1990 and opened its first depot in the Republic in 2019.

Olivier Colleau, executive chairman of Kiloutou, said the company's entry into new countries is part of strategic roadmap to 2030, with an aim to rank among the top three in all countries where it operates. He described entry into the Irish market as a key milestone in development, noting the acquisition offers new opportunities within a highly dynamic market.

Colleau added that the team has been impressed by KDM's expertise and service-oriented culture, welcoming 250 team members to embark on a new chapter. A key goal following the acquisition will be to accelerate growth in the Republic of Ireland to support the country's ambitious infrastructure plans as well as investment in energy and data centres.

Michael Donnelly, chief executive of KDM Hire, said this represents an exceptional opportunity for teams and customers. He noted Kiloutou's expertise and financial strength will enable accelerated growth, particularly in the Republic where potential is immense, with both companies sharing the same values of passion for customer service and operational excellence.

The current KDM management team, including Donnelly, will continue to lead the company under new ownership.

Discover complete acquisition details and expansion strategy for the equipment rental group.