# Aprolis acquires Movincar and CGM in Italy

French company Aprolis, part of Groupe Monnoyeur, acquired Italian companies Movincar and Compagnia Generale Macchine (CGM), which are lift truck dealerships in the ports and material handling sectors. The combined annual turnover is around EUR 70 million.

- Type: Acquisition
- Announced: 2022-11-07
- Where: Leinì (Turin) and Bologna, Italy, Italy
- Status: announced
- Products: lift trucks, hydraulic cranes, terminal tractors, airport equipment, warehouse AGVs
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Aprolis](https://endata.com/companies/24881.md) (acquirer)
- [Movincar](https://endata.com/companies/43601.md) (target)
- [Compagnia Generale Macchine](https://endata.com/companies/66455.md) (target)

## Sources

- [worldcargonews.com](https://www.worldcargonews.com/business/2022/11/lift-truck-dealerships-in-italy-become-part-of-aprolis/), 2022-11-07: "With the acquisition of CGM-Movincar in Italy we now have a presence in seven European countries..."

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