Lou-Tec in Canada sold to private equity

Murray Pollok Managing Editor, IRN & Director of Content, KHL

14 September 2021

Canadian rental company Lou-Tec said its acquisition by private equity firm Sagard Private Equity Canada would help it achieve its goal of becoming a “major player across the country by 2030”.

Lou-Tec currently operates from 30 locations in the province of Quebec in Canada. Founded in 1979 it employs 400 people and had estimated revenues of €165 million in 2020.

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