Patrick Dillon
05 Dec 2017
Loxam Group (“Loxam”) announced that it has acquired the Irish construction equipment rental company Swan Plant Hire (“Swan”) from its founding private shareholders. Swan was founded more than 45 years ago and operates two branches located in Dublin. It has developed a loyal and well-diversified client portfolio, as well as a strong expertise in general plant hire.
"We are delighted to have advised the Swan shareholders on the sale of the business to Loxam Group. This is a great deal for both parties and will allow Loxam to strengthen its positon within the Irish market. It also highlights the growing confidence in the Irish construction sector and the attractiveness of Ireland to overseas trade buyers. Grant Thornton has advised on a number of significant deals this year and working with Swan adds to what has been a busy year in the M&A market for us."
At Grant Thornton our Corporate Finance team offer straight-forward commercial and strategic transaction advice. We have an experienced Mergers and Acquisitions (M&A) team with a passionate commitment to exceed clients’ expectations and a strong track record of delivering value added solutions.