Boels/Riwal form largest aerial platform fleet in the Netherlands

Photo: Boels

Boels has confirmed that it has merged its own fleet of aerial work platforms with that of Riwal.

The company said the merger, which took effect on December 1, marks the culmination of months of preparation and integration since the deal was first announced in March.

It said the merger will combine the strengths of the respective companies, while also creating the largest aerial work platform provider in the Netherlands.

The merger has also increased the number of hubs that Boels operates in the Netherlands from five to nine, which it said further improves geographical coverage and enables a faster and more efficient service through its 110 branches nationwide.

As well as growing its footprint in existing markets, Boels’ acquisition of Riwal also opened opportunities in new markets, including Spain, France, the Middle East, and India.

Meanwhile, the company said that the deal aligned with its larger sustainability goals, with more than 60% of the combined aerial work platform fleet now electrified.

Rob Koevoets, managing director, Boels Netherlands, said, “At Boels, we aim not only to be a market leader but to lead in every market. That’s why we continue to invest in our specialisations, such as units, power, pumps, and aerial work platforms. The acquisition of Riwal perfectly aligns with this and enhances both our capabilities and service offering.”

Bastiaan Snick, director, Boels Large Equipment, added, “Over the past months, we have laid a strong foundation for a successful merger. I am proud of this milestone, and together with our employees and customers, we look forward to a promising future.”

Match made in heaven? The Boels/Riwal deal Deal secures new territories, a sustainable fleet and increased revenues