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Armac concluded the full acquisition of Braslift Equipamentos e Logística for an enterprise value of R$ 155 million. Braslift is a forklift rental company in southern Brazil with a fleet of over 1,000 assets.
Armac, a construction machinery rental company, has acquired 100% of Bauko Movimentação, a forklift rental company in Brazil, for R$ 213.2 million. The deal includes assumption of R$ 41 million in net debt.