Losberger and De Boer merge to form warehousing giant
Losberger has announced the finalisation of plans to acquire De Boer Structures, creating one of the largest temporary accommodations and storage companies in the world.
For Losberger the acquisition of De Boer will be a major step in becoming a leading provider in temporary space solutions in the Event market. Losberger will be able to significantly expand its Event rental business, grow in key regions in Europe and the Middle East, and realise cross selling synergies in its Industrial and RDS markets.
Combining the core capabilities of Losberger and De Boer will cover the whole value chain, from engineering, procurement and production to sales and project management
The combination of Losberger and De Boer, which will have a joint turnover of approximately € 330 million and employing 1,200 employees, will result in a leading company in the rental and sale of temporary accommodations in the Industrial, Event, and Rapid Deployment Systems (RDS) market segments in Europe, with strong positions in the Middle East, USA, China and South-America.
“We see De Boer as one of the leading companies in the Event industry with a high quality product portfolio, strong project management capabilities and an attractive long-term growth potential,” says Berndt Zoepffel, CEO Losberger. “Both companies have successfully worked together in the past on joint projects and we have experienced their leadership and corporate values to be very similar to Losberger. Combining our companies will make this combination a very professional partner for our customers.”
“‘In recent years we have strengthened our partnerships with key clients, developed new innovative structures and have shown our capabilities to manage complex projects and logistics,” says Arnout de Hair, CEO of De Boer.