Announced

Fortaco Group to acquire MauserCABS.

Synopsis

Fortaco Group, a brand independent strategic partner to the heavy off-highway equipment and marine industries, agreed to acquire MauserCABS, a high-precision manufacturer of safety cabins operating in international markets. Financial terms were not disclosed. “With this acquisition, Fortaco is broadening its cabin technology offerings in Europe, India, and the US. Fortaco’s strategy is to be together with Buisard, MauserCABS and Tata AutoComp one of the leading strategic partners to the off-highway equipment OEMs by offering high-quality vehicle cabins, technology development, and a high degree of automated manufacturing, as well as simplification of OEM supply chains with trusted quality and on-time deliveries. MauserCABS is a highly recognized cabin manufacturer with spare parts aftermarket services and technical engineering support. I am excited to start working with the highly experienced MauserCABS team,” Lars Hellberg, Fortaco Group President & CEO.

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