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INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

GAM acquires Ascendum's cargo handling division in Portugal · Endata

◂ Announcements

Sep 29, 2021ACQUISITIONPortugal

GAM acquires Ascendum's cargo handling division in Portugal

Spanish multinational GAM acquired the material handling machinery business area of Ascendum Group for €4 million, becoming a distributor of Hyster and Yale forklifts in Portugal and integrating 22 employees.

Value

$4.70M (4.00M EUR)

Jobs

22

Status

Completed

ProductsHyster and Yale forkliftsmaterial handling machinery

CompaniesGAM acquirer Ascendum Group target

Sectors#Material Handling

“The purchase of this business area from such an important group as Ascendum strengthens our position in Portugal.”grandeconsumo.com

1 source
grandeconsumo.comGAM acquires the cargo handling division of Ascendum - Grande ConsumoCarina RodriguesSep 29, 2021

Summarized from public sources; check the original articles before acting on it.

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Mar 24, 2023ACQUISITIONValladolid, Spain
GAM acquires Carretillas Mayor S.A.
GAM acquirer Carretillas Mayor S.A. target gamrentals.com logistica.cdecomunicacion.es
Apr 1, 2022ACQUISITIONAndalusia, Spain$5.50M26 jobs
GAM acquires business units of Intercarretillas and Interplataformas for €5M
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Aug 6, 2021ACQUISITIONPortugal$4.72M22 jobs
GAM acquires Grupo Ascendum's material handling business in Portugal
GAM acquirer Grupo Ascendum target internationalrentalnews.com supplychainmagazine.pt
Jul 14, 2021ACQUISITIONSpain$8.30M
GAM acquires Recamasa for €7 million
GAM acquirer Recamasa target gamrentals.com

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