# Loxam acquires 50.3% controlling stake in Mills

Loxam SAS entered into a share purchase agreement to acquire a 50.3% controlling stake in Mills Locação, Serviços e Logística S.A., Brazil's largest aerial lift rental company. The deal combines Loxam's existing Brazilian operations with Mills.

- Type: Acquisition
- Announced: 2026-06-08
- Where: Brazil, Brazil
- Status: announced
- Products: aerial work platforms, heavy equipment, intralogistics equipment, formwork and shoring
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Loxam](https://endata.com/companies/22331.md) (acquirer)
- [Mills Locação, Serviços e Logística](https://endata.com/companies/92355.md) (target)

## Sources

- [findadistributor.com](https://www.findadistributor.com/news/loxam-takes-controlling-stake-in-mills/), 2026-06-08: "Loxam will acquire a 50.3% controlling stake in Mills."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.