FAYAT completed the acquisition of Dulevo from 4D Global Energy-backed Rosehope.

FAYAT, a construction group, completed the acquisition of Dulevo, a manufacturer of sweepers for commercial, industrial and urban cleaning, from 4D Global Energy-backed Rosehope, an investment company. Financial terms were not disclosed. "We are very happy to welcome Dulevo into our Group. Dulevo will enlarge our offers with mechanical sweepers and electric sweepers, while accelerating our growth in some strategic geographic areas. We will create even more value for our customers. We will leverage expertise and complementary technologies with our existing portfolio to continuously develop solutions that closely meet the needs of our customers, today and for the future," Jean-Claude Fayat, FAYAT Group President.