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ALGECO

Full company profile

uuid000crjn

Namestring
ALGECO
Legal namestring
Algeco GmbH
Websiteurl
algeco.de
Company typeenum
Private
Founded yearint
1955
Descriptiontext

ALGECO (Algeco GmbH), headquartered in Kehl, Germany and founded in 1955, is a provider of modular space solutions serving construction sites, schools, kindergartens, corporate offices, healthcare facilities, retail, residential developments, and functional buildings across Germany and 22+ countries through a parent-group subsidiary network. The company is organized around three core offerings: (1) container rental across four tiers (Raumcontainer Basic, Economy, Comfort, and Premium XL), plus sanitary and storage containers, supplied from what it describes as Germany's largest modular space rental fleet; (2) modular building construction in Standard and Individual configurations, including the premium NEXXO 275 system with 2.75m interior height; and (3) the 360° Service package, bundling furniture, kitchen, sanitary, safety, energy and building technology (notably Data-Net One network technology), planning, maintenance, and facility management into an integrated lifecycle offering.

The business operates a sales-led go-to-market through 14 direct locations across Germany, complemented by an online SpacePlanner configurator and a multi-channel content, events, and social presence. Revenue is generated through three streams: recurring container rental subscriptions, one-time modular building sales, and professional services tied to the 360° package, all priced on a quote basis with multi-year contract cadence. ALGECO is a subsidiary of the international Algeco Group, which owns regional entities including Ausco (Australia), Portacom (New Zealand), Moduletech (Estonia), Elliott (UK), and Algeco Chengdong (China); Algeco GmbH itself is managed by four Geschäftsführer (Cornelius Egbers, James Odom, Gerrit Sellmer, Stefan Weiss). Pricing is not publicly disclosed, the legal entity is privately held, and no revenue, funding, or M&A data is available in the input.

Short descriptiontext

ALGECO (Algeco GmbH) is a German provider of modular space solutions, renting containers and selling modular buildings to construction, education, childcare, healthcare, corporate, retail, and residential customers across Germany and 22+ countries via direct sales and an online configurator.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersKehl, Germany
HQ citystring
Kehl
HQ countrystring
Germany
HQ regionstring
Europe
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
modular space solutions, container rental services, modular building construction, temporary space rental, prefabricated modular buildings
Industry2 codes
1Modular/Offsite General Contracting & Installation
CodeIMAFAAAKPrimaryYes
2Garage, Basement, Attic & Utility Storage Systems (Non-Construction)
CodeHSAFAHACPrimaryNo
NAICS code2 codes
  • General Rental Centers532310
  • Office Furniture (including Fixtures) Manufacturing3372
SIC code3 codes
  • Partitions, Shelvg, Lockers, & Office & Store Fixtures2540
  • Services-Miscellaneous Equipment Rental & Leasing7350
  • Mobile Homes2451
Product category
Modular Space Solutions
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model3 records
1Container Rental
TypeSubscription Recurring
Description

Rental of space containers (Basic, Economy, Comfort, Premium XL variants), sanitary containers, and storage containers for temporary space needs in construction, offices, and residential applications.

algeco.de
2Modular Building Sales
TypeOne Time License
Description

Sale of modular buildings including Standard and Individual configurations for permanent or long-term applications such as schools, kindergartens, offices, healthcare facilities, and residential buildings.

algeco.de
3360° Service
TypeProfessional Services
Description

Additional services including furniture packages, kitchen packages, sanitary accessories, building design, insurance (Kasko protection), safety technology and fire protection, stairs/ramps/platforms, foundations, energy and technology solutions, planning services, maintenance and repair, and facility management.

algeco.de
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales
Pricing details1 tier
1Custom quote-based pricing for container rental and modular building solutions
ModelSubscriptionBilling cadenceMulti-year contract
Notes

Container rental pricing varies by type (Basic, Economy, Comfort, Premium XL), duration, and specifications. Modular building purchases are project-specific based on configuration requirements.

algeco.de
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 record
1NEXXO 275
Description

Premium modular system with 2.75m interior height for demanding projects, offered as part of ALGECO's modular building solutions.

algeco.de
Core offering1 text field

ALGECO provides modular space solutions through rental and sale of containers and modular buildings. The portfolio includes space containers (Basic, Economy, Comfort, Premium XL), sanitary containers, and storage containers for temporary use, plus standardized and customized modular buildings for permanent applications. The flagship NEXXO 275 premium modular system and a comprehensive 360° service package covering furniture, safety, energy technology, planning, and facility management round out the offering.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Many customer relationships exceed 5 years, indicating high satisfaction and retention
Product overview1 text field

ALGECO is a provider of modular space solutions offering a portfolio of rental containers and modular buildings. The core offering consists of space containers (Raumcontainer) available in four tiers: Basic, Economy, Comfort, and Premium XL, along with sanitary containers and storage containers. The company also provides modular buildings through two product lines: Modulbau Standard for standard applications and Modulbau Individual for customized solutions. The flagship product is NEXXO 275, a premium modular system with 2.75m interior height. All offerings are supported by the 360° Service package, which provides supplementary modules for furnishing, safety, energy technology, and facility management.

Product and service1 record
1Space Containers (Raumcontainer)
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Pan-European modular space and portable building rental group, historically spun out of the same lineage as Algeco. Offers directly competing container rental and modular building solutions across Western and Eastern Europe, including Germany.

TypeDirect peer
Description

UK-headquartered modular building specialist serving education, healthcare, commercial and public sectors. Directly comparable product portfolio (modular hire and sale) and similar end-market focus, although with stronger UK weighting.

TypeDirect peer
Description

Austrian-based manufacturer and supplier of container and modular space systems, part of the Wopfinger / Wienerberger ecosystem. Competes head-on with ALGECO in container rental and modular building across European markets.

TypeDirect peer
Description

German-headquartered provider of modular space and temporary structures for events, industry and public sector. Overlaps with ALGECO on industrial site accommodation and modular building rentals, especially across DACH.

TypeBroad incumbent
Description

North American leader in mobile office, modular space and portable storage rentals. Operates a much larger fleet and broader service portfolio than ALGECO but shares the same core business model of fleet-based modular and storage rentals.

TypeBroad incumbent
Description

Canadian diversified group with modular space, workforce housing and logistics solutions. Comparable modular rental and sale offering to ALGECO across workforce accommodation, offices and remote site buildings.

TypeDirect peer
Description

US-based business-to-business mobile modular and portable storage rental company. Direct functional peer in fleet-based modular space rental with comparable recurring revenue model and customer segments.

TypeDirect peer
Description

Leading North American provider of portable storage containers and modular office space. Direct competitor in the storage container rental line that ALGECO offers as part of its product portfolio.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries5 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ALGECO

Modular Space Solutionsalgeco.de

ALGECO (Algeco GmbH) is a German provider of modular space solutions, renting containers and selling modular buildings to construction, education, childcare, healthcare, corporate, retail, and residential customers across Germany and 22+ countries via direct sales and an online configurator.

What ALGECO does

ALGECO (Algeco GmbH), headquartered in Kehl, Germany and founded in 1955, is a provider of modular space solutions serving construction sites, schools, kindergartens, corporate offices, healthcare facilities, retail, residential developments, and functional buildings across Germany and 22+ countries through a parent-group subsidiary network. The company is organized around three core offerings: (1) container rental across four tiers (Raumcontainer Basic, Economy, Comfort, and Premium XL), plus sanitary and storage containers, supplied from what it describes as Germany's largest modular space rental fleet; (2) modular building construction in Standard and Individual configurations, including the premium NEXXO 275 system with 2.75m interior height; and (3) the 360° Service package, bundling furniture, kitchen, sanitary, safety, energy and building technology (notably Data-Net One network technology), planning, maintenance, and facility management into an integrated lifecycle offering.

The business operates a sales-led go-to-market through 14 direct locations across Germany, complemented by an online SpacePlanner configurator and a multi-channel content, events, and social presence. Revenue is generated through three streams: recurring container rental subscriptions, one-time modular building sales, and professional services tied to the 360° package, all priced on a quote basis with multi-year contract cadence. ALGECO is a subsidiary of the international Algeco Group, which owns regional entities including Ausco (Australia), Portacom (New Zealand), Moduletech (Estonia), Elliott (UK), and Algeco Chengdong (China); Algeco GmbH itself is managed by four Geschäftsführer (Cornelius Egbers, James Odom, Gerrit Sellmer, Stefan Weiss). Pricing is not publicly disclosed, the legal entity is privately held, and no revenue, funding, or M&A data is available in the input.

ALGECO firmographics

Firmographics
Name
ALGECO
Legal name
Algeco GmbH
Website
https://algeco.de
Company type
Private
Founded year
1955
Operating status
Operating
Headcount range
101–250 employees
Short description
ALGECO (Algeco GmbH) is a German provider of modular space solutions, renting containers and selling modular buildings to construction, education, childcare, healthcare, corporate, retail, and residential customers across Germany and 22+ countries via direct sales and an online configurator.
Ownership category
akta.pro rank

ALGECO industry classification

Industry
Product category
Modular Space Solutions
NAICS
General Rental Centers (532310), Office Furniture (including Fixtures) Manufacturing (3372)
SIC
Partitions, Shelvg, Lockers, & Office & Store Fixtures (2540), Services-Miscellaneous Equipment Rental & Leasing (7350), Mobile Homes (2451)
akta.pro primary industry
Modular/Offsite General Contracting & Installation (IMAFAAAK)
akta.pro secondary industry
Garage, Basement, Attic & Utility Storage Systems (Non-Construction) (HSAFAHAC)

Keywords

  • Modular space solutions
  • Container rental services
  • Modular building construction
  • Temporary space rental
  • Prefabricated modular buildings

Where ALGECO is headquartered

Location

Headquarters

HQ city
Kehl
HQ country
Germany
HQ region
Europe

Offices2 records

Markets served

ALGECO business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Supply Chain, Infrastructure, Operations, Personnel, Marketing or Sales

Revenue model

  1. Container Rental: Rental of space containers (Basic, Economy, Comfort, Premium XL variants), sanitary containers, and storage containers for temporary space needs in construction, offices, and residential applications.
  2. Modular Building Sales: Sale of modular buildings including Standard and Individual configurations for permanent or long-term applications such as schools, kindergartens, offices, healthcare facilities, and residential buildings.
  3. 360° Service: Additional services including furniture packages, kitchen packages, sanitary accessories, building design, insurance (Kasko protection), safety technology and fire protection, stairs/ramps/platforms, foundations, energy and technology solutions, planning services, maintenance and repair, and facility management.

Pricing tiers

ModelBillingPrice
SubscriptionMulti-year contractCustom quote-based pricing for container rental and modular building solutions

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

ALGECO product offering

Product offering

Core offering

ALGECO provides modular space solutions through rental and sale of containers and modular buildings. The portfolio includes space containers (Basic, Economy, Comfort, Premium XL), sanitary containers, and storage containers for temporary use, plus standardized and customized modular buildings for permanent applications. The flagship NEXXO 275 premium modular system and a comprehensive 360° service package covering furniture, safety, energy technology, planning, and facility management round out the offering.

Product overview

ALGECO is a provider of modular space solutions offering a portfolio of rental containers and modular buildings. The core offering consists of space containers (Raumcontainer) available in four tiers: Basic, Economy, Comfort, and Premium XL, along with sanitary containers and storage containers. The company also provides modular buildings through two product lines: Modulbau Standard for standard applications and Modulbau Individual for customized solutions. The flagship product is NEXXO 275, a premium modular system with 2.75m interior height. All offerings are supported by the 360° Service package, which provides supplementary modules for furnishing, safety, energy technology, and facility management.

Differentiator

Problem solved

Functional benefit

Brands

  • NEXXO 275: Premium modular system with 2.75m interior height for demanding projects, offered as part of ALGECO's modular building solutions.

Products and services

  • Space Containers (Raumcontainer)

Quantifiable outcome

  • Many customer relationships exceed 5 years, indicating high satisfaction and retention

Companies that use ALGECO

Customer profile

Segments8 records

Ideal customer profiles3 records

ALGECO technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature3 records

ALGECO partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

ALGECO competitors and assessment

Company assessment

Direct peers

  • Modulaire Group: Pan-European modular space and portable building rental group, historically spun out of the same lineage as Algeco. Offers directly competing container rental and modular building solutions across Western and Eastern Europe, including Germany.
  • Portakabin: UK-headquartered modular building specialist serving education, healthcare, commercial and public sectors. Directly comparable product portfolio (modular hire and sale) and similar end-market focus, although with stronger UK weighting.
  • Containex: Austrian-based manufacturer and supplier of container and modular space systems, part of the Wopfinger / Wienerberger ecosystem. Competes head-on with ALGECO in container rental and modular building across European markets.
  • Losberger De Boer: German-headquartered provider of modular space and temporary structures for events, industry and public sector. Overlaps with ALGECO on industrial site accommodation and modular building rentals, especially across DACH.
  • McGrath RentCorp: US-based business-to-business mobile modular and portable storage rental company. Direct functional peer in fleet-based modular space rental with comparable recurring revenue model and customer segments.
  • Mobile Mini: Leading North American provider of portable storage containers and modular office space. Direct competitor in the storage container rental line that ALGECO offers as part of its product portfolio.

Broad incumbents

  • WillScot Mobile Mini Holdings: North American leader in mobile office, modular space and portable storage rentals. Operates a much larger fleet and broader service portfolio than ALGECO but shares the same core business model of fleet-based modular and storage rentals.
  • ATCO Structures & Logistics: Canadian diversified group with modular space, workforce housing and logistics solutions. Comparable modular rental and sale offering to ALGECO across workforce accommodation, offices and remote site buildings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

ALGECO social profiles

Digital presence

ALGECO financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ALGECO leadership team

Management profile

Number of profiles

Profiles5 records

ALGECO subsidiaries and ownership

Company hierarchy

Subsidiaries5 records

ALGECO funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ALGECO M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ALGECO

What does ALGECO do?

ALGECO provides modular space solutions through rental and sale of containers and modular buildings. The portfolio includes space containers (Basic, Economy, Comfort, Premium XL), sanitary containers, and storage containers for temporary use, plus standardized and customized modular buildings for permanent applications. The flagship NEXXO 275 premium modular system and a comprehensive 360° service package covering furniture, safety, energy technology, planning, and facility management round out the offering.

Is ALGECO a public or private company?

ALGECO is a private company. It is classified as corporate owned and is currently operating.

When was ALGECO founded?

ALGECO was founded in 1955. It employs 101 to 250 people.

Where is ALGECO based?

ALGECO is headquartered in Kehl, Germany, in the Europe region.

How does ALGECO make money?

Three revenue lines are on record. Container Rental is the primary driver. The others are modular Building Sales and 360° Service.

Who are ALGECO's main competitors?

Direct peers on record are Modulaire Group, Portakabin, Containex, Losberger De Boer, McGrath RentCorp and Mobile Mini. Broad incumbents are WillScot Mobile Mini Holdings and ATCO Structures & Logistics.

Does ALGECO have an API?

No public API is recorded for ALGECO.

What industry is ALGECO in?

ALGECO's product category is Modular Space Solutions. Its primary akta.pro industry code is IMAFAAAK, Modular/Offsite General Contracting & Installation, with a secondary code of HSAFAHAC, Garage, Basement, Attic & Utility Storage Systems (Non-Construction). Its NAICS code is 532310 and its SIC code is 2540.

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Live signals
openPR.comPrefabricated Site Office Market Set for Rapid Growth: Analyzing Demand, Scope, Size, Share, and Forecast 2033 with Key Players Like Algeco • Ahern Rentals • Smart SpaceThe article discusses the market outlook for the global prefabricated site office industry, projecting rapid growth up to 2033, with insights into key players such as Algeco, Ahern Rentals, and Smart Space. It highlights market segmentation, regional analysis, company profiles, and market trends.PR NewswireBuilding a smart, sustainable and modular future in the Nordics with AlgecoFour modular building companies in the Nordic region—Malthus Uniteam, Wexus, Algeco, and Temporary Space Nordics—announced they are consolidating under a single Algeco brand, creating a fleet of over 20,000 rental modules across Norway, Finland, Sweden, and Denmark. The combined entity, owned by Modulaire Group, will be led by former Malthus Uniteam CEO Steinar Aasland and aims to provide customers with a unified supplier offering. The consolidation is positioned as a strategic move to strengthen market position in the Nordics and support Modulaire Group's goal of becoming the leading player in the region.PR NewswireAlgeco appoints new Group CFOAlgeco Group has appointed Simon Gordon as Group Chief Financial Officer, effective September 1, 2020, replacing Sunny Thakrar who has been promoted to Deputy CEO and Chief Operating Officer. Simon Gordon previously served as CFO at Addison Lee and brings experience from Spire Healthcare Group and Virgin Active Group. He is expected to join the Executive Team to support Algeco's strategic priorities of driving profitability through cost efficiency, sales optimization, capital investment, and targeted acquisitions.PR NewswireAlgeco Announces Third Nordic Acquisition With Addition Of Temporary Space NordicsAlgeco Group has agreed to acquire Temporary Space Nordics (TSN) from Procuritas and other shareholders, marking the company's third Nordic acquisition. TSN is a leading provider of temporary modular space solutions with operations across Sweden, Denmark, Norway, and Finland, operating a fleet of approximately 7,500 modules. The transaction, valued at undisclosed terms and subject to Danish competition authority review with expected closing in Q3, will significantly expand Algeco's Nordic presence and adds approximately €41 million in pro forma revenue.PR NewswireAlgeco Releases Second Quarter 2020 Financial Report: Strong Financial Performance Driven by Continued Progress Against Strategic ObjectivesAlgeco Investments B.V. announced strong second quarter 2020 financial results with total revenues of €279 million, representing a 23.5% increase versus the prior year including acquisitions. The Group delivered organic EBITDA growth of 10% (€6m) driven by 15% growth in modular space leasing, while also completing the acquisition of Norwegian company Wexus to expand its Nordic presence. Net leverage stood at 5.2x on a pro forma basis with €207 million in cash, and the company noted continued strong cash conversion of 59% year to date.PR NewswireAlgeco Announces Second Quarter 2020 Financial Results Conference CallAlgeco Investments B.V. announced it will hold a second quarter 2020 financial results conference call on Thursday, August 13, 2020 at 3:00pm BST. The slide presentation and financial information will be made available on the company's investor relations website to registered lenders, noteholders, securities analysts, and rating agencies. Algeco is a business services company specializing in modular space solutions and operates across 24 countries with approximately 250,000 modular units.PR NewswireAlgeco Further Strengthens Nordic Presence With Acquisition of Wexus GroupAlgeco Group has agreed to acquire Wexus Group AS from Norvestor Equity AS and other shareholders for an undisclosed amount. Wexus is a Nordic modular building solutions provider headquartered in Norway with operations in Sweden and a production facility in Estonia, operating a fleet of approximately 1,600 units with 110 employees and revenues of approximately €30 million in 2019. The transaction, expected to close in Q3 2020 pending Norwegian competition authority approval, will strengthen Algeco's position in the Nordic modular space market where Wexus has achieved revenue CAGR of over 50% from 2015-2019.PR NewswireAlgeco Announces Management ChangesAlgeco Group has appointed Mark Higson as its new Chief Executive Officer, effective immediately, succeeding Bruce Melizan who left his role as Chief Operating Officer on January 31, 2020. Higson brings extensive operational leadership experience from his previous position as Managing Director of Wolseley UK and earlier roles at Royal Mail and BPB plc, with a mandate to drive profitability and pursue targeted acquisitions. The company stated that executive responsibilities will be redistributed among the existing leadership team during the transition period as Algeco enters its next phase of growth.PR NewswireAlgeco Strengthens European Presence With Acquisition of BUKO Huisvesting and BUKO Bouw & Winkels in the NetherlandsAlgeco Group, a leading modular space leasing business in Europe and Asia Pacific, has acquired BUKO Huisvesting and BUKO Bouw & Winkels from the Netherlands. The transaction significantly expands Algeco's Dutch modular space fleet from 3,000 to more than 15,000 units, with the acquired businesses generating approximately €60 million in revenue across five locations with 195 employees. The acquisition, previously part of Scheybeeck Group, represents a strategic step in Algeco's growth strategy to strengthen its position in the European modular space market.PR NewswireAlgeco Announces CEO SuccessionAlgeco Group announced that Chief Executive Officer Andrew Tyler will step down in November 2019, with the company initiating a search for his successor to work alongside Chairman Mike Smith. Under Tyler's leadership, Algeco integrated its European and Asia Pacific businesses, relocated headquarters from Baltimore to London, completed the acquisition of Touax Solutions Modulaires, and spun off Target Hospitality, its North American remote accommodation business. The company reported 26% EBITDA growth during his tenure and reduced net leverage from 6.2x to 4.6x.