# Boels Rental to acquire Riwal

Boels Rental announced the prospective acquisition of Riwal, an aerial work platform specialist. The deal will expand Boels' AWP fleet to over 55,000 units and extend its geographic footprint into Spain, France, India, and Qatar.

- Type: Acquisition
- Announced: 2024-03-11
- Where: Netherlands
- Status: announced
- Products: aerial work platforms
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Boels Rental](https://endata.com/companies/29004.md) (acquirer)
- [Riwal](https://endata.com/companies/39664.md) (target)
- [Pro-Delta](https://endata.com/companies/76183.md) (investor)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/boels-rental-acquires-riwal-302085173.html), 2024-03-11: "This strategic move aligns with Boels Rental's ambitious growth strategy to become the number one rental partner of choice in Europe."
- [vertikal.net](https://vertikal.net/en/news/story/43459/boels-acquires-riwal), 2024-03-11: "Riwal's aerial work platforms expertise adds a new dimension to Boels' product and service lineup."
- [rermag.com](https://www.rermag.com/mergers-acquisitions/rental-companies/article/55010934/european-rental-giant-boels-acquires-international-aerial-rental-specialist-riwal), 2024-04-06: "The acquisition aligns with Boels Rental’s ambitious growth strategy to become the number one rental partner of choice in Europe."

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