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Gerken GmbH is acquiring the lifting systems division of Allgaier GmbH, effective January 1, 2022. The acquisition includes the machinery fleet and all employees of the division, expanding Gerken's aerial work platform rental business in southern Germany.
German firm Allgaier announced an investment of 224 million pesos to expand its second plant in Puebla, Mexico, with a new industrial building in Chachapa. The project will create 181 new jobs and serve Volkswagen's new SUV model and Audi's Q5 Sport.
Allgaier broke ground on an expanded plant in Puebla, Mexico, with an investment of USD 10 million.
| Site | Largest | Latest |
|---|---|---|
| Chachapa, Mexico | $11.7M | 2019-11-11 |
| Puebla, Mexico | $10.0M | 2019-04-09 |