# Fassi acquires full ownership of Cranab Group

Italian crane manufacturer Fassi acquired 100% ownership of Cranab Group, which includes Cranab, Vimek, and Bracke Forest, by purchasing Hans Eliasson's shares. Fassi had held part-ownership since 2013 and now aims to develop Cranab's product range with truck-mounted timber and recycling cranes.

- Type: Acquisition
- Announced: 2017-11-29
- Where: Sweden
- Status: completed
- Products: cranes, truck-mounted cranes, timber cranes, recycling cranes, off-road cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Vimek](https://endata.com/companies/17679.md) (target)
- [Fassi](https://endata.com/companies/17942.md) (acquirer)
- [Cranab Group](https://endata.com/companies/17943.md) (target)
- [Bracke Forest](https://endata.com/companies/17944.md) (target)

## Sources

- [brackeforest.com](https://www.brackeforest.com/news/company/209-fassi-acquires-100-ownership-of-cranab), 2017-11-29: "Fassi acquires 100% ownership of Cranab."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.