Loxam Evolves – A pionner-turned undisputed European leader
In the midst of the financial crisis which hit the entire European construction sector, Loxam focussed its efforts on incorporating its recent acquisitions while pursuing its development strategy with the reinforcement of its generalist activities (acquisition of Locarest in France, Locamachine in Belgium and Stammis in the Netherlands). In 2010, the Group began to expand outside of Europe, firstly in Morocco and then in Brazil. In 2015, Loxam bought Hertz Equipment Rental France and Spain, and also became the first equipment rental company in the world to obtain level 3 in standard 26000 for its CSR policy.
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.
At the end of 2018, Loxam had become the European leader in equipment rental and the world number 5, also owning the world’s third largest fleet of powered access equipment.
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 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.