French Investment Firm Ardian Acquires Atout-Box
Atout-Box, which owns seven storage facilities with complementary services such as co-working spaces, daily van hire, and dedicated areas for heavy goods delivery, has been acquired by France-based investment firm Ardian. Atout-Box was founded in 2010 in France.
The acquisition bolsters Ardian’s self-storage platform, launched in late 2023 with the acquisition of Costockage. The portfolio now includes 19 facilities across regions such as Île-de-France, Occitanie, Auvergne-Rhône-Alpes, Bretagne, Provence-Alpes-Côte d’Azur and Hauts-de-France.
“The acquisition of Atout-Box represents a major step forward in the strategic development of our self-storage platform,” said Omar Fjer, real estate managing director at Ardian. “Through its well-established centers and excellent operational expertise, Atout-Box has positioned itself as a key player in the south of France. We’re particularly impressed by its focus on customer satisfaction and the quality of its centre management, which will be key to future growth. This integration strengthens our self-storage platform, and we are confident that this rapidly expanding sector in France continues to demonstrate great potential.”
Atout-Box President Jean-Baptiste Bertrand said, “We’re delighted to be embarking on this new adventure with Ardian. Their experience in asset management and real estate will enable us to continue to expand throughout France and become a major player in the self-storage market. Our know-how in customer relations and expertise in the operational management of large-scale centers will help ensure this partnership is a success. True to our values and with our in-depth knowledge of the markets in which we operate, we are excited for the next stage in Atout-Box’s journey, as it continues to expand throughout France.”
More Content
Popular Posts
The self storage industry is in a precarious...
The REITs new pricing strategy – lowering...
There are an estimated 700,000 hotels in the...
Joe Shoen, CEO of U-Haul, has had enough.
In a booming economy, expendable income...
Self-storage is not an industry that is...
Boat and RV storage has morphed and...
National Storage Affiliates Trust (NSA), the...
It’s said that necessity is the mother of...
It’s odd that I ever get the “last word,”...
Mother Nature can be a cruel mistress....
The question of “abandonment” of stored...
As children, most of us played “follow the...
Over the last five years, as the use of...
With the approval of both companies’...
Recent Posts
In a world where technology often...
In 1992, Clinton strategist James Carville...
With over 100 years of excellence in...
For 20 years, Mike Phillips idly flipped...
This year’s facility of the year winner, DXD...
Vertical reciprocating conveyors (VRCs) act...
2020 Construction Facility of the Year:...
Storage doors are among the most frequently...