Tracked aerial lift specialist Almac has acquired spider lift producer Easy lift.
The merging of the two Italian companies involves Almac taking ownership of 100% of Easy Lift’s shares, with the backing of its majority owner investment firm Wise Equity. Easy Lift’s shareholders will reinvest their stakes in Almac.
“The group, founded on the integration of two complementary businesses, aims to consolidate its global presence and strengthen its technological leadership in the sector,” said Almac.
Michele and Emanuele Sorianini, founders of Easy Lift, will retain their respective roles within the company and will be members of the Almac board.
The identity of the two brands will be retained, with their respective sales networks and operational offices.
“Thanks to this industrial combination, the group will benefit from greater strength in terms of investments dedicated to technological innovation and new product development, with the aim of further improving its service and offering globally,” added Almac.
Widening group
The group will also benefit from Plas, a specialized metalworking company that was majority acquired by Almac a year ago as a strategic asset for increasing competitiveness in the market.
Andrea Artoni, CEO of Almac, commented, “We are very proud to welcome Easy Lift to our Group. This operation stems from a shared vision of development and innovation, with the ambition of strengthening our international presence while maintaining the specialization and quality that distinguish us.
“Together, we will be able to accelerate our growth projects and create new opportunities for our customers and partners.”
Emanuele and Michele Sorianini, founders of Easy Lift, added, “Participating in this project represents an extraordinary opportunity for Easy Lift. Our companies are complementary and share the same values of customer focus, product quality, and a focus on innovation. Thanks to the support of Wise Equity, we are confident we can continue our development path with even greater momentum.”
