# OMIS acquires 75% of Elephant, a jib crane manufacturer

OMIS signed the acquisition of 75% of Elephant, a leading manufacturer of jib cranes and lifting systems in Italy. The deal aims to secure leadership in the light lifting sector.

- Type: Acquisition
- Announced: 2024-06-10
- Where: Italy, Italy
- Status: announced
- Products: jib cranes, lifting systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [OMIS](https://endata.com/companies/77939.md) (acquirer)
- [Elephant](https://endata.com/companies/77940.md) (target)

## Sources

- [omis.net](https://www.omis.net/en-gb/new-leadership-in-light-plants/), 2024-06-10: "This alliance represents a decisive breakthrough by securing leadership in the light lifting sector, both in Italy and abroad."

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