09 / 2018

Parquest Capital build-up - Accès Industrie acquires Matelev

Press Release

Accès Industrie, expert in lifting and handling equipment hire and sale, announces the acquisition of Matelev, also specializing in lifting and handling equipment hire and sale.

This operation, which comes one year after the majority takeover of Accès Industrie by Parquest Capital – accompanied by CM-CIC Investissement and IRDI with minority holdings – and the delisting of the company, is in line with the previously announced Group development project.

With a network of 29 branches, and from last year, a machine sales subsidiary (Accès Industrie Sales), this acquisition enables Access Industrie to enrich its handling equipment range to provide a complete offer to its customers.

With a fleet of nearly 800 machines and revenue of €7.5M, Matelev is positioned as a specialist hire company in the Centre region for an industrial and building clientele.

In addition to the complementarity of the Accès Industrie and Matelev offers, it is also a question of combining teams, skills and know-how in a single dynamic focusing on high quality service. The notions of customer service, technical expertise as well as human values bring together two companies that share the same vision.

This acquisition is perfectly in line with Accès Industrie Group’s accelerated growth strategy.

“This first acquisition marks another step in the development project initiated a year ago with the entry of our new shareholders. Since then, we have benefited from new resources to finance an era of sustainable growth that includes the renewal and expansion of our fleet of machines and external growth to integrate new skills,” comments Eric Lacombe, Chair of the Board of Accès Industrie.