Frénéhard & Michaux completed the acquisition of ALTREX from Parcom.

Frénéhard & Michaux, a industrial group, completed the acquisition of ALTREX, a non-permanent aluminium access equipment manufacturer, from Parcom, a private equity firm. Financial terms were not disclosed. This acquisition reinforces our position in EUROPE and in the world as a key player in protection, access and working at height solutions. Our visionary concept, trust at height, is expanding more than ever to offer even more solutions and services to our customers, whoever they are. I am happy to welcome our colleagues from ALTREX to our Executive Board and to steer the Group in its new configuration with Eugène DERKSEN. This process is taking place with an excellent spirit of cooperation between two groups who are both strongly committed to customer service and employee well-being,” Bernard Rothan, Frénéhard & Michaux Chairman.