Mecalac acquires Terex Coventry, UK
MECALAC ACQUIRES TEREX CONSTRUCTION EQUIPMENTS’ BRITISH BRANCH, LOCATED IN COVENTRY, ENGLANDGroupe Mecalac S.A. signed an agreement with the company Terex Corporation (Westport, CT) on December 10, 2016, to acquire their backhoe loaders, site dumpers and compaction rollers’ dedicated subsidiary, also known under the Fermec and Benford brands. The Groupe Mecalac is specialized in the designing, manufacturing and distribution of construction equipment, especially used in urban construction sites. This acquisition allows Groupe Mecalac to broaden its offering with a complementary range of products, open up to new geographical distribution areas and expand the Group’s companies’ industrial know-how.
The acquisition will be completed during the first semester of 2017.
Henri Marchetta, CEO of the Groupe Mecalac, stated:
“This acquisition follows our growth strategy, based on excellence, on the broadening of our range of equipment for urban construction sites, and on international distribution deployment. Our intent is to foster the sharing of expertise, the development of industrial and sales synergies, and to encourage cultural exchanges along with sharing our fundamental values among the teams.”