Lou-tec acquires Accès Location +, expands its aerial-lift rental offering
By Lou-TecNews Mergers, acquisitions, entries and exits heavy equipment rentals mergers and acquisitions quebec
On June 20, Lou-Tec announced the acquisition of Accès Location +, the aerial lift equipment rental specialist and consolidated its position as the Quebec leader in the heavy machinery, tools and specialized equipment rental industry.
The acquisition was completed on June 17, and the two companies will work together to identify and benefit from best practices, expertise and talent to provide customers with an efficient, experienced and highly capable partner to meet the most demanding requirements.
With this acquisition, Lou-Tec becomes a key player in helping to build Quebec. Its clients, mainly contractors working in the industrial, commercial and residential construction sectors will have access to an impressive fleet of aerial lift equipment and a wide range of complementary equipment.
Lou-Tec has a network of rental experts known as the industry reference in Quebec since 1979. By leveraging their combined expertise, services and offerings, as well as joining sales forces, they will provide a remarkable experience to their customers.
Lou-Tec will also now have one of the most notable fleets of aerial lift equipment in Canada. With an average age of four years, this fleet is the newest in the industry in Quebec. Lou-Tec’s extensive network of 28 locations, including the opening of a new site in Drummondville in the coming weeks, will allow customers to take advantage of rapid delivery to job sites throughout Quebec. This regional presence allows for quick responses to urgent requests thanks to the inventory available at the branches, from heavy machinery to specialized and frequently used equipment.
Jean-Marc Dallaire will continue as President and CEO of LOU-TEC, while Luc Bertrand, President of Accès Location, will join the executive committee and will now hold the position of vice-president of development, strategies and marketing within the organization.
“With the support of our financial partners, today we can consolidate our position as a Quebec leader in the industry and we are taking an important step towards achieving our vision of becoming a major player across the country by 2030. The acquisition of Accès Location allows us to bring together passionate people who are committed to meeting our customers’ most demanding requirements and who are proud to share their expertise and know-how,” said Jean-Marc Dallaire, President and CEO, Lou-Tec.
“We are turning an important chapter in the history of Accès Location, and it is a privilege to join LOU-TEC, a Quebec-based company that works with the same rigour and concern for providing the quality service our customers have come to expect. Together and thanks to our common values, we will be stronger in fulfilling the company’s vision and developing our market share in Quebec and Canada,” said Luc Bertrand, President, Accès Location.
Lou-Tec was founded 1979 and is the winner of the Successful Business Strategy Award and the Company of the Year Award at the Mercuriades 2022. Lou-Tec is a leader in the rental of heavy machinery, specialized equipment and tools used in construction, renovation, and maintenance projects of commercial, industrial, institutional and residential buildings.
Accès Location + was founded 18 years ago and specializes in the sale and rental of lifting equipment. In addition to being Bonboss certified, Accès Location has been honoured for the fourth year in a row as one of Canada’s Best Managed Companies and was recently a finalist in the economic and regional development categories as well as for its commitment to the community in the Mercuriades 2022 competition.
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