Acquisition of CGM/Movincar by Aprolis
On 3 November 2022, Aprolis – a subsidiary of Monnoyeur – acquired CGM/Movincar in Italy.
CGM / Movincar is the exclusive distributor of Cat® Lift Trucks, Konecranes Lift Trucks, Clubcar and MOL Transport Solutions in Italy. The group offers the most complete range of high quality material handling equipment and operates in Italy through 10 branches and well established dealer networks. The group’s customers are mostly in the industrial sector and the group offers a single point of supply and support for all ranges of materials handling equipment.
“With this transaction, which follows the acquisition of Impact Handling in the UK in 2021, Aprolis consolidates its position as the European leader in multi-brand and multi-equipment rental in the materials handling sector,” says Benjamin de Castelnau, CEO of Aprolis. This merger with complementary businesses that share the company’s strategic vision will allow us to extend our offerings to high-potential sectors. “