# EPIQ Machinerie acquires 50% stake in Indian crane maker FAFECO

EPIQ Machinerie has acquired 50% of the shares of Indian company FAFECO, a producer of cranes and overhead cranes. The acquisition adds 180 employees and consolidates access to Indian, Middle Eastern, and European markets.

- Type: Acquisition
- Announced: 2025-03-19
- Where: India
- Jobs: 180
- Status: completed
- Capacity: 100 cranes per year
- Products: cranes, overhead cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [EPIQ Machinerie](https://endata.com/companies/57287.md) (acquirer)
- [FAFECO Group](https://endata.com/companies/83592.md) (target)

## Sources

- [informeaffaires.com](https://informeaffaires.com/regional/manufacturier-et-equipementier/epiq-machinerie-achete-50-de-fafeco), 2025-03-19: "Nous avons toujours exporté, mais maintenant, l’objectif est non seulement d’exporter à partir de l’Amérique du Nord, mais aussi d’avoir des centres opérationnels ailleurs dans le monde qui nous permettent d’avoir une production à coût optimisé, ce qui réduit nos coûts pour les marchés américains."

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