Fraco acquires Torgar

By Euan Youdale08 March 2019

FRACO_RGB_BLEU

Torgar logo

Quebec, Canada-based mast climber and hoist manufacturer Fraco Products has acquired Torgar, located in Zaragoza, Spain.

The acquisition of Torgar, which produces similar products, will enable Fraco to increase its production capacity and expand its activities in Europe.

The transaction relates to the acquisition of the product line, marketed under the Torgar brand, namely construction lifts, transport platforms, industrial elevators and work platforms, and the factory located in Zaragoza. Fraco said it intends to continue production in the northeastern region of Spain.

Julie Rainville, co-president of Fraco Products, said it meant the company would now have a complete line of relevant access solutions sold through its international distribution network  “The reputation of the Torgar brand is well established; these products are found, not only in Europe, but also in South America and African countries and in the Middle East. The decision to acquire the Torgar brand represents the best strategy to strengthen Fraco Products position in Europe and extend its reach internationally.”

 

 

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Cummins highlights hydrogen at DP Summit, Utility Expo
Company will discuss H2 technology at the conference and display it in its booth at the expo
Equipment Depot makes changes as it targets $1 billion in revenue by 2025
Material handling rental leader points to its ‘2025 Vision Strategy’ as it gears up to meet corporate goals
Rental Briefing: daily newsletter for rental sector being launched by KHL
Newsletter will provide analysis, comment and insight into the global industry
CONNECT WITH THE TEAM
Ollie Hodges Publisher Tel: +44 (0)1892 786253 E-mail: ollie.hodges@khl.com
Lewis Tyler
Lewis Tyler Editor Tel: 44 (0)1892 786285 E-mail: lewis.tyler@khl.com
CONNECT WITH SOCIAL MEDIA