The FAYAT Group has completed its acquisition of a 100% stake in the Mecalac Group. The deal brings a wide range of compact and innovative construction equipment for urban worksites: excavators, loaders, dumpers and backhoe loaders. Mecalac has production units in France, Germany, the UK and Turkey.
The Mecalac Group is now part of the Fayat Road Equipment Division, and will strengthen this Division's offerings, particularly for urban projects. The Division now has 29 production sites in Europe, Asia and the Americas.
FAYAT will provide the Mecalac Group the support it needs to remain a stable and reliable partner for its clients worldwide now and in the long term.
Within the Group, Mecalac will retain its autonomy, like the Division's other brands, offering its clients high-end technological solutions marketed under the Mecalac brand. Mecalac will collaborate with other FAYAT Group entities to develop technologies of the future and its distribution network, so that we can keep offering our clients the best solutions and enable them to meet tomorrow’s challenges.
“This acquisition is a fantastic opportunity for FAYAT Group and its customers. Mecalac is a highly recognised brand and an innovative player in the urban construction equipment market,” stated Jean-Claude Fayat, President of FAYAT Group. “Mecalac will play a strategic role in our Group and we are committed to ensuring the development of its product range. We will be using its expertise and technologies to complement our existing ranges, so as to keep developing equipment that meets our clients' specific needs, particularly on urban worksites.”
