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Announced

Delmas Investissements et Participations to acquire a majority stake in Acces Industrie from Equistone Partners.

Synopsis

Delmas Investissements et Participations, an industrial holding company, agreed to acquire a majority stake in Acces Industrie, an aerial work platforms and handling equipment rental company, from Equistone Partners, a London-based independent investment firm. Financial terms were not disclosed. “We congratulate the management team and Equistone for the superb growth Acces Industrie has achieved in recent years. We are very happy to become, alongside regional investors, the new long-term shareholders of this high-performing company and, together with the management team, intend to consolidate its strong regional roots, DNA and brand, while pursuing its broader national and international development,” Hervé Delmas, Delmas Investissements et Participations Chairman.

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