Fassi Group acquires majority stake in CTELM, holding company of French brands

Italian crane maker Fassi Group signed an agreement to acquire a majority stake in CTELM, the Paris-based holding company that owns French brands Fassi France, Miltra and Marrel. The agreement was signed in late January 2017.

“This is an excellent opportunity to develop new commercial synergies for the CRANAB and JEKKO brands, which already form part of our group.”recyclingtoday.com

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• recyclingtoday.comFassi Group acquires majority stake in its holding company - Recycling TodayRTGE StaffFeb 1, 2017

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