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Fayat reaches agreement to acquire Mecalac

The Fayat Group has announced the signing of an agreement to acquire the entire share capital of Mecalac Group. The price has not been disclosed.

Mecalac offers a range of compact and mid-sized construction equipment for urban construction sites, including site dumpers, backhoe loaders, excavators and compaction equipment.

The transaction remains subject to conditions, including the necessary regulatory authorisations from the anti-trust authorities.

Mecalac Revotruck with rotating cab Mecalac Revotruck with rotating cab (Photo: Mecalac)

Fayat said it hoped to obtain these and finalise the acquisition by the end of the first half of 2025.

The group has seven major business lines: civil works, foundations, building, energy and services, metal, pressure vessels, and road equipment. Its equipment brands include Bomag, Marini and Dynapac.

In 2024, the France-based company reported that it had achieved a turnover of €5.7 billion.

Mecalac has sold machines in 85 countries around the world and in addition to its headquarters in Annecy-le-Vieux, France, it has subsidiaries in Germany, the UK and Turkey.

Its total sales in 2023 were €350 million, sells around 5000 machines a year, and employs more than 1000 people worldwide. It has production facilities in France, the UK, Germany and Turkey.

Chris Sleight, managing director of Off-Highway Research said, “Fayat Group’s acquisition of Mecalac is a significant merger. I am a little surprised that after decades of tight focus on the road building and road maintenance equipment segments that Fayat is moving into other areas. On the one hand, this will expose it to new customers and markets, but I also wonder whether the lack of cross-over between the two companies, their product ranges and distribution networks will also mean limited opportunities for synergies and savings.”

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