Mecalac acquires Fermec and BenfordPublished 2/3 at 13:10
The French construction equipment manufacturer Groupe Mecalac signed an agreement with the Terex Corporation in December 2016, to acquire their backhoe loader, site dumper and compaction roller dedicated subsidiary, known under the Fermec and Benford brands.
This acquisition allows 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. “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,” said Groupe Mecalac chief executive Henri Marchett. “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.”