HIG Capital-backed Time Manufacturing Company completed the acquisition of France Elevateur.

HIG Capital-backed Time Manufacturing Company completed the acquisition of France Elevateur. Financial terms were not disclosed. "Time Manufacturing Company is definitely the best possible partner for France Elevateur. Both companies have long histories and strong reputations for excellence in research and engineering in the aerial work platform industry, and they are complementary in both geography and markets. The entire FE Group team supports this transaction. Our current customers will immediately benefit by having more options for higher-access lifts, and Time Manufacturing Company customers will benefit from our extensive service footprint," Charles Goffin, France Elevateur CEO.