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Mediaco completed the acquisition of Matthey-Petit Levage.

Synopsis

Mediaco, a French crane and aerial lift rental group, completed the acquisition of Matthey-Petit Levage, a Swiss crane and heavy transport company. Financial terms were not disclosed. Mediaco also has four locations in Germany, having entered the market in 2015, it is now looking to up the pace of international expansion and has a plan to purchase five new cranes between 60 and 450 tones, along with three more heavy lift articulating loader cranes up to 145 tonne/metres, and two more self-erecting mobile tower cranes for the newly acquired business for delivery in 2024.

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