Mills Locação, Serviços e Logística stock (BRMILSACNOR2): Loxam to acquire majority stake in Brazil equipment rental leader

French rental group Loxam has agreed to acquire a majority stake in Brazil-based Mills Locação, Serviços e Logística, keeping the São Paulo-listed equipment rental specialist in focus as investors weigh the strategic shift and await further deal details.

French equipment rental group Loxam has agreed to acquire a majority stake in Brazil-based Mills Locação, Serviços e Logística, putting fresh M&A attention on the São Paulo-listed stock as investors assess the implications for the company’s growth in its home market and governance structure, according to Vertikal.net on 05/26/2026.

The report described Loxam’s planned purchase as a deal for a controlling interest in what it called Brazil’s number one player in the rental segment, positioning Mills at the center of a cross-border consolidation move in the construction equipment rental industry, as noted by Vertikal.net as of 05/26/2026.

While detailed financial terms such as the exact stake size and valuation were not disclosed in the initial industry coverage, the transaction signals that an established European operator sees strategic value in anchoring itself in Brazil’s rental market through Mills, which is listed on B3 in São Paulo under the ticker MILS3 and trades in BRL.

The stock traded at 16.00 BRL on 05/28/2026 on B3 in São Paulo, according to price data cited by Mills as of 05/28/2026, keeping the company in focus in the Brazilian equity market as investors digest the announced Loxam deal and await any subsequent regulatory filings or shareholder communications on closing conditions.

As of: 05/29/2026

By the editorial team - specialized in equity coverage.

At a glance

• Name: Mills
• Sector/industry: Construction equipment rental and industrial services
• Headquarters/country: São Paulo, Brazil
• Core markets: Brazil, with a focus on major cities and industrial hubs
• Key revenue drivers: Rental of aerial work platforms and other lifting equipment, scaffolding and formwork solutions, and related services for construction, industrial maintenance and infrastructure projects
• Home exchange/listing venue: B3 - Brasil Bolsa Balcão (MILS3)
• Trading currency: BRL

Mills Locação, Serviços e Logística: core business model

Mills Locação, Serviços e Logística focuses on renting aerial platforms, lifting equipment and access solutions, generating most of its revenue from supplying machinery and services to construction, industrial maintenance and infrastructure clients across Brazil.

Recent corporate actions

The planned acquisition of a majority stake in Mills by Loxam, reported on 05/26/2026, represents a significant corporate milestone that could reshape the company’s shareholder base and strategic options in Brazil’s equipment rental market, according to Vertikal.net as of 05/26/2026.

Valuation metrics and multiples for Mills Locação, Serviços e Logística

Public valuation metrics for Mills Locação, Serviços e Logística capture how the market prices its position in Brazil’s equipment rental and services industry at a time when the announced Loxam majority acquisition highlights strategic interest from an established European peer.

At a share price of 16.00 BRL on 05/28/2026, the company’s market capitalization reflects expectations for continued rental demand in Brazil’s construction and industrial segments, even as detailed metrics such as price-earnings ratios or enterprise-value-based multiples will depend on the latest published earnings and debt figures from its B3 filings and investor presentations, as referenced by Mills investor relations as of 2026.

Conclusion

The announcement that Loxam intends to acquire a majority stake in Mills Locação, Serviços e Logística draws renewed attention to the Brazil-listed equipment rental group and underscores its role in a consolidating industry. With the share price on B3 reflecting both domestic demand trends and expectations around the proposed transaction, valuation metrics will remain in focus as investors watch for further details on terms, regulatory approvals and integration plans. The coming updates from the company’s investor relations and Brazil’s capital market disclosures will shape how the stock trades relative to local peers and global rental operators.

Disclaimer: This article does not constitute investment advice. The comprehensive scope of this informative article was made possible through the use of a.i.. Stocks are volatile financial instruments.