Time acquires France Elévateur

Time Manufacturing Company has acquired European vehicle mounted aerial platform manufacturer France El茅vateur (FE Group).

France El茅vateur, founded in 1984, and located in Flavigny-sur-Moselle, France, is known as the FE group, comprising France El茅vateur, FE Benelux, FE Deutschland, and Spanish producer Movex, with regional sales and service organisations serving surrounding markets.

Versalift logo

Time is a global manufacturer of aerial lifts primarily for the electric utility, telecommunications, infrastructure, and forestry sectors and includes the Versalift, BrandFX, Aspen Aerials, Ruthmann, Ecoline and Bluelift brands.聽

Movex is a notable aquisition as part of the FE Group, said Time, thanks to its production facilities near Barcelona and exports to more than 20 countries, the company provides a bridge into the Spanish market for both Time Manufacturing Company and FE Group products and services.

According to Time, the acquisition is a significant step forward for the company in developing a robust sales and service network that supports the specialised access needs of telecommunications, electric utility and other essential end customers around the world. Time has international operations across the European continent, as well as in North and South America, which will provide opportunities to expand France El茅vateur brands to a broader global audience.

Curt Howell, CEO of Time commented, 鈥淭he France El茅vateur acquisition represents a meaningful step forward in our global growth plan by adding more than 450 experienced professionals, a world-class regional product line, and over a dozen facilities across France, Belgium and Spain.

鈥淟everaging our existing reach in Austria, Denmark, France, Germany, Italy, Sweden, and Switzerland, The FE Group improves our reach in the important national markets of Belgium, Netherlands, Luxembourg, Ireland, Eastern France and Spain.鈥

Ideal partnership聽

France Elevatuer

Charles Goffin, CEO at France El茅vateur said Time was the best possible partner. 鈥淏oth 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.

鈥淭he 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.鈥

Kim Bach Jensen, president of Time Manufacturing Europe added that the companies shared a focus on customer service and a compatible product offering. 鈥淟everaging our collective knowledge, skilled staff, and worldwide distribution will strengthen us in the future. We are aligned in supporting our shared customers and their need for excellent solutions.鈥

The acquisition of France El茅vateur is a significant step forward for Time Manufacturing Company in developing a robust sales and service network that supports the specialized access needs of telecommunications, electric utility and other essential end customers around the world. Time has international operations across the European continent, and North and South America, which each represent remarkable opportunities to expand and promote France El茅vateur brands to a broader global audience.

STAY CONNECTED

Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

CONNECT WITH THE TEAM
Andy Brown Editor, Editorial, UK - Wadhurst Tel: +44 (0) 1892 786224 E-mail: [email protected]
Neil Gerrard Senior Editor, Editorial, UK - Wadhurst Tel: +44 (0) 7355 092 771 E-mail: [email protected]
Catrin Jones Deputy Editor, Editorial, UK 鈥 Wadhurst Tel: +44 (0) 791 2298 133 E-mail: [email protected]
Eleanor Shefford Brand Manager Tel: +44 (0) 1892 786 236 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA