Algeco, the largest supplier of mobile and modular space in Europe
In 1955, Algeco invented the concept of modular building; since then, Algeco has been solving space needs.
As a result of significant organic growth and strategic acquisitions, the company runs a fleet of approximately 241,000 modular space and storage units, and serves more than 31,000 customers in diverse sectors. Headquartered in Paris, France, Algeco has operations in Continental Europe and the UK, and serves its customers through a network of nearly 100 branch offices located throughout Europe.
Providing every space solution from a simple construction site cabin to complex, multi-storey buildings, Algeco is the supplier of choice for mobile offices, storage products, modular buildings, and more.
Algeco’s legacy is grounded in its reputation for exceptional customer service, effective management of business operations, modularity and quality of its construction solutions, consistent product innovation, and the ability to attract and retain the industry’s most talented staff and management team.
Algeco intends to continue its development and to establish its leadership.
Algeco Scotsman, the world largest player in the space rental industry
In 2007, Algeco, European leader in modular construction, Williams Scotsman, leader in North America, and Elliott, leader in the United Kingdom, joined forces by creating Algeco Scotsman. The group, involving more than 5000 collaborators, manages a fleet of more than 345,000 units through operations in 22 countries. Algeco Scotsman is the world leader in the space rental sector, and the 5th largest player by revenue in the global rental services sector.
Algeco Scotsman´s worldwide corporate centre is located in Baltimore, Maryland (USA).
Learn more about Algeco Scotsman.
Algeco: Fact at-a-glance
- Years in business: 55+
- Number of customers: 31,000+
- Fleet size: 241,000+
- Number of countries served: 18
- Number of branch offices: 100+
- Number of collaborators: 3350+
Algeco: Acquisitions data
- 1989: Acquisition of 2 assembly sites in France – Sarrade et Galtier and Sogemi Fillod.
- 1990: Acquisition of MBM in Germany.
- 1993: Acquisition of Locabrie assembly line in France.
- 1996: Acquisition of HADA in Germany.
- 1997: Acquisition of Home-system plant in France.
- 2002: Acquisition of EC factory in Italy.
- 2005: Acquisition of Elliott in the UK.
- 2007: Acquisition of Wraith and Toilet Hire UK.
- 2007: Acquisition of GE Modular Space Europe.
- 2007: Merger with Williams Scotsman.
Algeco: Ownership historical data
- TUI acquired 66.98% of the capital of Algeco in 1965 (there was another shareholder at this time which was minority).
- This minority yielded its participation in 1996 to TUI (which thus held nearly 100% of Algeco for 9 months).
- TUI introduced this minority interest on the second Parisian market in 1997.
- TDR acquired TUI’s participation in Algeco (66.98%) in 2004.
- TDR launched a guarantee and carried out a Public Offer of Withdrawal in 2004.