# France Elévateur acquires Spanish lift manufacturer Movex

France Elévateur has acquired 100% of the equity in Talleres Velilla, which trades as Movex, a Spanish vehicle-mounted lift manufacturer based in La Garriga, Barcelona. The acquisition adds production capacity and expands geographic coverage.

- Type: Acquisition
- Announced: 2021-03-18
- Where: La Garriga, Barcelona, Spain
- Status: completed
- Capacity: 400 units per year (potential at Movex)
- Products: truck-mounted lifts, vehicle-mounted lifts
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Movex S.P.A.](https://endata.com/companies/30572.md) (target)
- [France Elévateur](https://endata.com/companies/53904.md) (acquirer)
- [Talleres Velilla](https://endata.com/companies/53905.md) (target)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/37351/france-elevateur-acquires-movex), 2021-03-18: "The acquisition provides France Elévateur with a significant increase in its annual production capacity, which it says will be in the region of around 1,600 units for the two companies."
- [vertikal.net](https://vertikal.net/en/news/tag/117/acquisition?acceptCookies=1&page=18&tx_vertikal_pi10=47), 2021-05-15: "French truck mounted lift manufacturer France Elevateur has acquired Spanish manufacturer Movex"

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