Algeco Group, the leading lessor of modular buildings in Europe and the Asia-Pacific region, announced today that it is taking over BUKO Housing and BUKO Construction & Shops in the Netherlands.
This transaction significantly strengthens Algeco's position on the Dutch market for modular buildings. The group now has more than 15,000 units in the Netherlands (before the takeover: 3,000). BUKO Housing and BUKO Construction & Stores operate on 5 sites, employ 195 people and have a turnover of €60 million by 2018. Previously, the companies were owned by Scheybeeck.
Mike Smith, Chairman of Algeco: "This takeover is a major step forward for Algeco Group as it significantly strengthens our position and presence on the Dutch and European markets. I would like to welcome BUKO Housing, BUKO Construction & Stores and their staff to our group. From now on, their customers will also benefit from Algeco's leading range of products and services, in which I have every confidence. Modular construction is an attractive and growing market, and takeovers are an important part of Algeco's growth strategy".
Charles Nagel, Managing Director of BUKO Housing: "We are delighted to join Algeco Group, enabling us to develop our activities in the field of temporary and semi-permanent modular buildings.
Koos Verloop, Managing Director BUKO Construction & Stores: "Now that we are part of the leading provider of modular spaces in Europe, we can also offer our solutions to new customers. A good prospect. I am also delighted that Algeco has the same ambition as us: to help its clients achieve their full potential by offering them a safe and comfortable environment".
About BUKO Housing and BUKO Construction & Shops
BUKO Housing and BUKO Construction & Stores are leading providers of temporary and semi-permanent buildings for education, healthcare, construction, retail and government in the Netherlands. The private company has a strong position in the Netherlands, with Beverwijk and Zaltbommel as the largest branches. bukohuisvesting.nl
Algeco is the largest provider of B2B services in Europe and Asia-Pacific, specializing in modular buildings and complementary products and services. We create optimal spaces where people can live, work and learn.
We are ready to serve our clients, whatever their needs, anytime, anywhere. We are:
- Available: small and large projects, anywhere - we deliver anywhere.
- Flexible: we provide our customers with turnkey solutions, whatever they need - space, furniture, equipment, internet and telephone connections.
- Reliable: wherever customers need us, our expertise and experience enables us to do it right the first time.
Algeco is headquartered in London and operates in 22 countries, with some 250,000 modular buildings and mobile storage units, as well as 3,400 accommodation units for its employees. The company operates under different brand names: as Algeco in Europe, as Elliott in the United Kingdom, as Ausco in Australia, as Portacom in New Zealand and as Algeco Chengdong in China.