LONDON (31 October 2019) – Algeco Group, the leading modular space leasing business in Europe and Asia Pacific, today announces the acquisition of BUKO Huisvesting and BUKO Bouw & Winkels of the Netherlands.

The transaction will significantly strengthen Algeco’s position in the Dutch modular space market, increasing the size of its fleet from 3,000 to more than 15,000 units. BUKO Huisvesting and BUKO Bouw & Winkels operate in five locations, have 195 employees and have revenues of c. €60 million. The businesses were previously part of the Scheybeeck Group.

Mike Smith, Chairman of Algeco, said: “This acquisition is an important step forward for Algeco Group, since it materially strengthens our position and presence in the Dutch and European market. I welcome BUKO Huisvesting, BUKO Bouw & Winkels and their employees to the Group; I am confident that customers will benefit from Algeco’s industry-leading range of value-added products and services. Modular space is an attractive and growing market and acquisitions represent an important element of Algeco’s growth strategy.”

Charles Nagel and Koos Verloop, Managing Directors of BUKO Huisvesting and BUKO Bouw & Winkels, said: “We are delighted to join the Algeco Group as we continue to build our business in temporary and semi-permanent modular buildings. We are excited by the potential to broaden our offering to customers as part of Europe’s leading provider of modular space.”

About BUKO Huisvesting and BUKO Bouw & Winkels

The acquired businesses of BUKO Huisvesting and BUKO Bouw & Winkels are leading providers of temporary and semi-permanent buildings and additional products and services for education, healthcare, construction, retail and the government in the Netherlands. The privately held company has a strong position in the Netherlands, with its largest locations in Beverwijk and Zaltbommel.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

Cautionary Notice Regarding Forward Looking Statements

This press release includes forward-looking statements within the meaning of the securities laws of certain applicable jurisdictions, which reflect Modulaire Group's expectations regarding its future operational and financial performance. By their nature, the forward-looking events described in this press release may not be accurate or occur at all. In particular, we may not be able to realize the anticipated benefits of the acquisition of BUKO Huisvesting and BUKO Bouw & Winkels. Accordingly, you should not place undue reliance on these forward-looking statements, which speak only as of the date on which the statements were made. Although any forward-looking statements contained in this press release reflect management's current beliefs based upon information currently available to management and upon assumptions which management believes to be reasonable, actual results may differ materially from those stated in or implied by these forward-looking statements. A number of factors could cause actual results, performance or achievements to differ materially from the results expressed or implied in any forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on any forward-looking statements. Except as required by law, we undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

LONDON (September 6th 2019) – Algeco Group, Europe and Asia Pacific’s leading business services company specialising in modular space, has today announced that Andrew Tyler, Chief Executive Officer, will be stepping down from his role in November 2019.

Algeco has initiated the search for a new CEO to work alongside Mike Smith, Chairman, who joined the business earlier this year to lead the next phase of the company’s growth. Andrew will continue to support Algeco’s Executive team through the transition period.

As CEO of Algeco, Andrew led the creation of Algeco Group, integrating the European and Asia Pacific businesses and moving the Headquarters from Baltimore to London. He oversaw the successful integration of Touax Solutions Modulaires and the spin-off of Target Hospitality, the North American remote accommodation business. During his tenure the Company has grown significantly, with underlying EBITDA growth of 26% (including the integration of a significant acquisition). At the 2019 Half-Year EBITDA grew 6% organically in challenging trading conditions. In the past year net leverage was reduced from 6.2x to 4.6x.

Today, Algeco is Europe and Asia Pacific's leading business services company specialising in modular space with approximately 240,000 modular space and storage units. The business benefits from strong recurring revenue streams, a best-in-class value added products and services offering and plays into the broader secular trend towards modularisation and agile space solutions.

Mike Smith, Chairman, said: “Andrew has led a period of major change at Algeco and I would like to thank him for his significant contribution and wish him all the very best in the future.”

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

• Total revenues of €226 million and growth in underlying EBITDA before IFRS 16 of 4.5% to €55 million
• Strong cash generation with 52% cash conversion

LONDON (21 August 2019) – Algeco Investments B.V. (together with its subsidiaries, “Algeco” or the “Group”), Europe and Asia Pacific’s leading business services company specialising in modular space, today announced a resilient financial performance for the second quarter of 2019.

For the three months to 30 June 2019, the Group delivered total revenues of €226 million, 5.2% lower versus the prior year. Modular space leasing revenues were marginally lower with a 4.0% increase in revenue per unit offset by 5.7% fewer units on rent. Revenue per unit growth reflected a 1.8% increase in the average rental rate (ARR) and 9.2% growth of value-added products and services (VAPS). The average utilisation rate remained broadly flat at 80%. New unit sales were below last year principally due to the timing of projects; for the first half, sales are in line with 2018.

The Group demonstrated its resilience with underlying EBITDA before IFRS 16 increasing by 4.5% to €55 million. EBITDA margin increased by two percentage points as a result of higher average prices, improved VAPS penetration and strict cost control. Cash conversion year-to-date increased by 2 percentage points to 52%.

Net leverage at the period end was 4.6x, down from 6.2x at 30 June 2018. Our cash position remains strong with €460 million on the balance sheet.

Andrew Tyler, Algeco’s Chief Executive Officer, said: “We have delivered a resilient performance in the second quarter with growth in underlying EBITDA and continued strong cash conversion despite challenging market conditions. We will remain focused on margin, cash flow and a disciplined approach to capital allocation as we continue to execute against our strategy.”

Notes

Algeco has posted its second quarter 2019 financial report and slide presentation to accompany the second quarter 2019 financial results conference call (scheduled for Thursday 22 August 2019 at 3.00pm BST, 10:00 a.m. Eastern Time) at www.modulairegroup.com/investors/financial-reports.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

LONDON (13 August 2019) – Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading business services company specialising in modular space, today announced that it will hold its second quarter 2019 financial results conference call on Thursday 22 August 2019 at 3:00pm BST (10:00 a.m., Eastern Time).

To access the call, please dial:

UK: +44 3333000804 or 08003589473 (UK toll free)

US: +1 6319131422 or +1 855 85 70686 (US toll free)

and enter participant PIN code 69743155## approximately ten minutes prior to the start of the call. You will be placed on hold until the event begins. The conference call will also be broadcast over the internet with an accompanying slide presentation. To join the web conference, go to: https://event.on24.com/wcc/r/2068851-1/35826EB879DC8377F9E5C6BAD53398BA

Please enter your name, email address and company to join the call. The customer service team can be reached at any time by pressing *0 on your telephone keypad.

Prior to the call, the slide presentation and second quarter 2019 financial information will be available at www.modulairegroup.com/investors/financial-reports. Following the call, a recording of the call will also be available.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

LONDON (18 June 2019) - Algeco Group, Europe and Asia Pacific’s leading business services company specialising in modular space, has today announced the appointment of Mike Smith as Chairman to lead the next phase of the company’s growth.

Mike Smith will succeed Paul Lester, who is stepping down after three and a half years as Chairman of Algeco, during which time he has overseen the successful development of the business from €167 million of EBITDA in 2015 to over €230 million today. Algeco has undergone a period of significant change under Paul’s leadership, including the acquisition and integration of Touax Solutions Modulaires and the spin-offs of Williams Scotsman, the North American modular leasing business, and Target Hospitality, the North American remote accommodation business.

Today, Algeco is Europe and Asia Pacific’s leading business services company specialising in modular space with approximately 250,000 modular space and storage units. The business benefits from strong recurring revenue streams, a best-in-class value added products and services offering and plays into the broader secular trend towards modularisation and agile space solutions.

Paul Lester commented, “The business has undergone a fundamental change over the past three and a half years. As the group embarks on its next phase of development, I feel that now is the right time for a new chair who brings new perspectives and ideas. I look forward to supporting Mike in his new role.”

In addition to this appointment, Mike Smith serves as the Chairman of International Car Wash Group (ICWG), leading the successful exit of ICWG by TDR Capital to Roark Capital in 2017. Under Mike’s leadership, the business cemented its position as the world’s largest independent conveyor car wash operator, with over 900 sites spanning 14 countries having successfully entered the US market in 2015 and completed 12 acquisitions under TDR’s ownership. Mike first joined ICWG in 1999 as Chief Operating Officer from British Petroleum where he was head of Retail Planning and Strategy for BP's global retail business and has been Chairman of ICWG since re-joining the business in 2009.

Mike Smith commented, “I’m very much looking forward to taking on this new role. Algeco is a great company with very exciting prospects. The business is in strong health thanks to the transformative actions that have taken place over the last few years. Having seen the success of Williams Scotsman in North America since its IPO in 2017, I believe there is significant runway for Algeco ahead.”

Gary Lindsay, Partner at TDR Capital commented, “I would like to thank Paul for his significant contribution to Algeco; an +11% EBITDA CAGR over four years is extremely impressive and testament to Paul’s efforts driving the business. As the company embarks on its next phase of development, I am pleased to welcome Mike, whose operational pedigree and track record is second to none. Mike is well-known to TDR Capital and the broader private equity and infrastructure community. He chaired ICWG and sat on the board of EG Group, both TDR portfolio companies, and is ideally placed to lead Algeco going forward.”

Cautionary Notice Regarding Forward Looking Statements

This press release includes forward-looking statements within the meaning of the securities laws of certain applicable jurisdictions, which reflect Modulaire Group's expectations regarding its future operational and financial performance. By their nature, the forward-looking events described in this press release may not be accurate or occur at all. Accordingly, you should not place undue reliance on these forward-looking statements, which speak only as of the date on which the statements were made. Although any forward-looking statements contained in this press release reflect management's current beliefs based upon information currently available to management and upon assumptions which management believes to be reasonable, actual results may differ materially from those stated in or implied by these forward-looking statements. A number of factors could cause actual results, performance or achievements to differ materially from the results expressed or implied in any forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on any forward-looking statements. Except as required by law, we undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

Media enquiries:
Tulchan Communications
modulairegroup@tulchangroup.com
0207 353 4200

• Total revenues increased by 2.8% to €219 million and growth in underlying EBITDA before IFRS 16 of 8.0% to €48 million
• Strong cash generation with 60% cash conversion
• Net leverage ratio of 4.7x on a pro-forma basis with €434 million cash on balance sheet

LONDON (28 May 2019) – Algeco Investments B.V. (together with its subsidiaries, “Algeco” or the “Group”), Europe and Asia Pacific’s leading business services company specialising in modular space, today announced a solid financial performance for the first quarter of 2019.

For the three months to 31 March 2019, the Group delivered total revenues of €219 million, up 2.8% versus the prior year. Modular space leasing revenues were marginally higher with a 6.1% increase in revenue per unit offset by 4.8% fewer units on rent. Revenue per unit growth reflected a 1.9% increase in the average rental rate (ARR) and strong growth of value-added products and services (VAPS) per unit of 17.1%. The average utilisation rate was broadly flat at 79%. Sales of mainly new units increased by 23.6% to €60m.

Underlying EBITDA before IFRS 16 increased by 8.0% to €48 million. Our Europe business delivered EBITDA growth from France and Eastern, Northern and Southern Europe. Cash conversion increased by 7 percentage points to 60% as we continue to be highly disciplined in our approach to capital allocation.

Net leverage at the period end was 4.7x on a pro forma basis which is down from 6.3x at 31 March 2018. A cash position of €434 million on the balance sheet provides for good financial and strategic flexibility.

Andrew Tyler, Algeco Chief Executive Officer, said: “We have delivered a solid performance in the first quarter with continued growth in both revenues and underlying EBITDA. We remain disciplined in our allocation of capital across the group and this resulted in a further improvement in our cash conversion to 60% in the quarter.”

Notes

Algeco has posted its first quarter 2019 financial report and slide presentation to accompany the first quarter 2019 financial results conference call (scheduled for Wednesday 29 May 2019 at 3.00pm GMT, 10:00 a.m. Eastern Time) at www.modulairegroup.com/investors/financial-reports.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

LONDON (23 May 2019) – Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading business services company specialising in modular space, today announced that it will hold its first quarter 2019 financial results conference call on Wednesday 29 May 2019 at 3:00pm GMT (10:00 a.m., Eastern Time).

To access the call, please dial:

UK: +44 3333000804 or 08003589473 (UK toll free) US: +1 6319131422 or +1 855 85 70686 (US toll free)

and enter participant PIN code 88342031# approximately ten minutes prior to the start of the call. You will be placed on hold until the event begins.

The conference call will also be broadcast over the internet with an accompanying slide presentation. To join the web conference, go to https://event.on24.com/wcc/r/2014605-1/89F0A18118EA1F644A717B0207E9A87B. Please enter your name, email address and company to join the call. The customer service team can be reached at any time by pressing *0 on your telephone keypad.

Prior to the call, the slide presentation and first quarter 2019 financial information will be available at www.modulairegroup.com/investors/financial-reports. Following the call, a recording of the call will also be available.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

• Total revenues increased by 12% to €954 million
• Growth in underlying EBITDA of 26%, reflecting strong operating leverage and synergies
• Net leverage ratio decreased from 5.3x to 4.5x on a pro-forma basis after the $820 million (€730 million) sale of Target Lodging

LONDON (25 April 2019) – Algeco Investments B.V. (together with its subsidiaries, “Algeco” or the “Group”), the world’s leading business services company specialising in modular space, today announced a strong set of financial results for 2018.

For the 12 months to 31 December 2018, the Group delivered total revenues of €954 million, up 12% versus the prior year. Revenue growth was driven by a 20% increase in the average number of units on rent which reflects the positive impact of the Touax acquisition at the end of 2017. Group utilisation rates remained solid at 81% and, encouragingly, revenue per unit from value-added products and services (VAPS) grew by 19% to €63.

Underlying EBITDA increased by 26% to €268 million with positive contributions from both our European and APAC businesses. Cash conversion increased by 22 percentage points to 53%, driven by the strong growth in EBITDA and a reduction of €14 million in net capex from improving the utilisation of the Touax fleet.

Following the period end, Algeco completed its disposal of Target Lodging for an aggregate consideration of $820 million which comprised $563 million of cash and $257 million of shares of common stock in Target Hospitality Corp. As a result, Algeco’s net leverage decreased from 5.3x to 4.5x on a pro forma basis.

Andrew Tyler, Algeco Chief Executive Officer, said: “Algeco achieved a strong performance in 2018 with solid revenue growth and a significant improvement in our profitability. Algeco is well placed to benefit from some of the emerging trends encouraging global development and infrastructure investment, demographic change, workforce welfare and sustainability. I am confident that our refreshed strategy will enable us to deliver meaningful performance improvement in the future.”

Notes

Algeco has posted its fourth quarter 2018 financial report and slide presentation to accompany the fourth quarter 2018 financial results conference call (scheduled for Thursday 25 April 2019 at 3.00pm GMT, 10:00 a.m. Eastern Time) at www.modulairegroup.com/investors/financial-reports.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

LONDON (12 April 2019) – Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading business services company specialising in modular space, today announced that it will hold its fourth quarter 2018 financial results conference call on Thursday 25 April 2019 at 3:00pm GMT (10:00 a.m., Eastern Time).

To access the call, please dial: UK: +44 3333000804 or 08003589473 (UK toll free) US: +1 6319131422 or +1 855 85 70686 (US toll free) and enter participant PIN code 92675870# approximately ten minutes prior to the start of the call. You will be placed on hold until the event begins.

The conference call will also be broadcast over the internet with an accompanying slide presentation. To join the web conference, go to https://event.on24.com/wcc/r/1974053-1/C840892180F2FF4B6CB44A9C022534FC. Please enter your name, email address and company to join the call. The customer service team can be reached at any time by pressing *0 on your telephone keypad.

Prior to the call, the slide presentation and fourth quarter 2018 financial information will be available at www.modulairegroup.com/investors/financial-reports. Following the call, a recording of the call will also be available.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541

LONDON (15 March 2019) – Algeco Investments B.V. (together with its subsidiaries, “Algeco”), the leading global business services provider of modular space, secure portable storage solutions and remote workforce accommodations, today announced the completion of the disposal of its North American remote accommodations business, Target Lodging, to Target Lodging Holdings Corp., a newly-formed subsidiary of Platinum Eagle Acquisition Corp (“Platinum Eagle”). Upon completion Platinum Eagle changed its name to Target Hospitality Corp. and will continue trading on the Nasdaq Stock Market. The $820 million of proceeds received by Algeco in relation to the disposal comprised $563 million of cash (“Cash Consideration”) and $257 million of shares of common stock in Target Hospitality Corp. Algeco has used $92 million of the Cash Consideration to repay certain amounts outstanding under the facilities provided pursuant to the ABL Credit Agreement and will use $30 million to repay certain factoring obligations. Upon today’s completion of the Target Lodging disposal, the previously announced amendment of Algeco’s ABL Credit Agreement has become effective.

Andrew Tyler, Chief Executive of Algeco: “We are delighted to have completed the sale of Target Lodging. This disposal delivers significant value for Algeco and materially simplifies the Group enabling us to focus fully on our core operations in Europe and Asia Pacific. The cash proceeds provide us with enhanced financial flexibility as we continue to execute against our strategy.”

Cautionary Notice Regarding Forward Looking Statements

This press release includes forward-looking statements within the meaning of the securities laws of certain applicable jurisdictions, which reflect Modulaire Group's expectations regarding its future operational and financial performance. By their nature, the forward-looking events described in this press release may not be accurate or occur at all. Accordingly, you should not place undue reliance on these forward-looking statements, which speak only as of the date on which the statements were made. Although any forward-looking statements contained in this press release reflect management's current beliefs based upon information currently available to management and upon assumptions which management believes to be reasonable, actual results may differ materially from those stated in or implied by these forward-looking statements. A number of factors could cause actual results, performance or achievements to differ materially from the results expressed or implied in any forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on any forward-looking statements. Except as required by law, we undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Modulaire Group

Modulaire Group is the world’s leading business services company specialising in modular space. We create smart spaces for people to live, work and learn. Our business is designed to help customers find the right space solution, no matter what their requirements. Modulaire Group has operations in 24 countries with approximately 250,000 modular space and portable storage units and 3,400 remote accommodations rooms. The company operates as Algeco in Europe, Elliott in the United Kingdom, BUKO Huisvesting, BUKO Bouw & Winkels and BUKO Bouwsystemen in The Netherlands, Malthus Uniteam and Wexus in Norway, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

For further information

Investor relations: Phil Vellacott
investorrelations@modulairegroup.com
07841 563541