# Kiloutou acquires Grupo Vendap and Holbæk Lift

Kiloutou Group has signed an agreement to acquire Grupo Vendap, the market leader in equipment rental in Portugal, and Holbæk Lift, a regional player in Denmark. The amount was not disclosed.

- Type: Acquisition
- Announced: 2022-09-02
- Where: Samora Correia, Portugal
- Status: announced
- Products: equipment rental
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Kiloutou Group](https://endata.com/companies/27719.md) (acquirer)
- [Grupo Vendap](https://endata.com/companies/65109.md) (target)
- [Holbæk Lift](https://endata.com/companies/65110.md) (target)
- [Vendap Group](https://endata.com/companies/65136.md) (target)

## Sources

- [econews.pt](https://econews.pt/2022/09/02/french-kiloutou-acquires-the-vendap-group/), 2022-09-02: "Kiloutou Group, owned by shareholders HLD and Dentressangle signed an agreement to acquire Grupo Vendap, the market leader in equipment rental in Portugal."
- [cbinsights.com](https://www.cbinsights.com/company/vendap-group), 2022-09-05: "In September 2022, Vendap Group was acquired by Kiloutou Group."

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