Loxam Evolves – A pionner-turned undisputed European leader
The unprecedented public health crisis triggered by Covid-19 will remain the major event of 2020.
Loxam employees in all countries pulled together to guarantee service continuity their customers while responding to public health emergencies, staying safe at all times. By continuing to pursue its efforts in digitalisation, CSR and innovation, Loxam builds itself a strong position for the post-pandemic world.
At the end of 2020, Loxam had become the European leader in equipment rental and the world number 4, also owning the world’s third largest fleet of powered access equipment.
By completing the acquisitions of Hune, Lavendon and Nacanco, Loxam reinforces its status as an international rental company established not only in Europe but also in South America, Africa and the Middle East.
In July 2019, the Group reaches a major milestone in its history with the acquisition of Ramirent, Europe’s second largest equipment hire company. It thus strengthens its position as the undisputed pan-European leader. Loxam becomes the 4th largest market player in the world behind the American company United Rentals and the British company Ashtead, with operations in 30 countries around the world and pro forma sales of €2.3 billion.
In the midst of the financial crisis, Loxam decided to focus its efforts on incorporating its recent acquisitions while pursuing its development strategy. In 2010, the Group set up for the first time outside of Europe, in Morocco and then Brazil. Loxam bought Hertz Equipment Rental France and Spain in 2015, and in the same year became the first equipment rental company in the world to obtain level 3 in standard 26000 for its CSR policy, in addition to its ISO 9001 and 14001 certifications.
In 2017, LOXAM celebrates its 50th anniversary. The Group consolidates its international footprint with acquisitions of the Hune group (Spain, Portugal, Saudi Arabia and Colombia) and the British company Lavendon (UK, Belgium, France and the Middle East). For the first time, it sets up in Italy with the acquisition of Nacanco, and strengthens its generalist European network in Denmark and Ireland with the acquisitions of Cramo and Swan. In 2018, the Italian firm Nove joins the group, reinforcing LOXAM’s powered access range in the country.
In 1998, the Loxam Group began to expand into Europe, with the establishment of two branches in Switzerland. In 2001, Loxam became the leading European equipment rental company with presence in Switzerland, Belgium, Great Britain and Ireland.
The Origny Desvroise Group bought SAM in 1987, which became Loxam in 1994. The company had over 150 branches by the end of 1987.
In 1978, the company was bought by Lyonnaise des Eaux. SAM grew, with 44 branches in France by the end of 1986.
SAM was founded in 1967, working for professionals in Brittany and Loire-Atlantique. The first branch was located in Hennebont, in the north-west of France.