Announced
Completed
Synopsis
Venpa, a provider of construction equipment rental services, completed the acquisition of Locatop, a provider of rental and sale of lifting equipment. Financial terms were not disclosed. "We are proud to announce that the acquisition of Locatop Srl has been successfully completed. Our goal is not only to consolidate what has been achieved so far, but also to broaden our horizons and create synergies, welcoming new companies that are already specialized in rental and deeply rooted in their local area. This step marks the beginning of a new phase of collaboration in the rental sector in the regions of Emilia-Romagna and Lombardy. Carlo Cazzola, CEO of Locatop, will be a key element in this new phase, bringing his experience and strategic vision," Emanuela Pege, Venpa President and CEO.
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