Loxam acquires in central Italy

Loxam Access has announced the acquisition of Toscana Noleggi from its current shareholder Paolo Bacherini.

Established in 2000, Toscana Noleggi is a major renter of powered access equipment in the center of Italy. Headquartered in Florence, the company operates a fleet of approximately 450 units through a network of three branches in Tuscany, and employs approximately 20 people. Through this acquisition, Loxam said it is consolidating its position as a leading powered access rental specialist in the country, with a combined network of 21 branches.

“I am very pleased to announce the acquisition of Toscana Noleggi by Europe’s leading equipment rental company Loxam. I would like to thank our dedicated employees and clients for their strong commitment and loyalty to the company. Together with Loxam, Toscana Noleggi will continue its development,” said Paolo Bacherini, founder and shareholder of Toscana Noleggi.

Marzia Giusto, Managing Director for Loxam Access, commented, “I am very pleased to welcome Toscana Noleggi and its experienced team into the Loxam group. The company’s branch network, rental fleet, customer portfolio and expertise in powered access are very complementary to Loxam’s activities in Italy and will contribute to improve the services we provide to our customers.”

“The acquisition of Toscana Noleggi demonstrates the Group’s commitment to continue its development in Italy, a key market with significant growth potential,” added Gérard Déprez, President of Loxam.