Faymonville Group acquires Italian co
Faymonville, the manufacturer of semi-trailers for the special haulage industry has reached an agreement to acquire 100 per cent shares of the Italian company Industrie COMETTO S.p.A. With this strategic decision, Faymonville set the milestone to expand in the self-propelled modular trailer segment and strengthens its market position.
Industrie COMETTO S.p.A. is one of the leading worldwide acting manufacturers for heavy modular and especially self-propelled trailers. In addition, the company offers special self-propelled equipment for industrial applications: shipyard and steel mill transporters as well as for handling technologies.
By bundling Faymonville with Cometto under one solid brand, the Faymonville Group invests in new product segments and completes its product range.
Integrating Cometto in the Faymonville Group will be beneficial for both companies: Faymonville will combine its knowledge in production processes with Cometto?s existing know-how in the self-propelled modular segment. The Faymonville quality management will not only interact in production but also in R&D, worldwide service and spare parts delivery to provide the best products and the highest service to its customers.
?A higher production capacity together with an improved quality will be the result. This acquisition will significantly increase our market position,? said Alain Faymonville, President, Faymonville Group.
Industrie COMETTO S.p.A. is one of the leading worldwide acting manufacturers for heavy modular and especially self-propelled trailers. In addition, the company offers special self-propelled equipment for industrial applications: shipyard and steel mill transporters as well as for handling technologies.
By bundling Faymonville with Cometto under one solid brand, the Faymonville Group invests in new product segments and completes its product range.
Integrating Cometto in the Faymonville Group will be beneficial for both companies: Faymonville will combine its knowledge in production processes with Cometto?s existing know-how in the self-propelled modular segment. The Faymonville quality management will not only interact in production but also in R&D, worldwide service and spare parts delivery to provide the best products and the highest service to its customers.
?A higher production capacity together with an improved quality will be the result. This acquisition will significantly increase our market position,? said Alain Faymonville, President, Faymonville Group.
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