Trime acquires DOA

20 December 2019

Italian lighting tower manufacturer Trime has acquired DOA Srl, an Italian manufacturer of hydraulic tools, including air compressors, generators, pumps and hydraulic powered cutting equipment. The price was not disclosed.

The move is part of Trime’s strategy to develop the group internally while also pursuing opportunities to acquire companies with complementary products.

Trime, DOA

Andrea Fontanella, President of Trime, said, “This acquisition represents a fundamental step in our strategy to grow international markets.

“From today, customers around the world will be able to benefit from an even broader range of products, in addition to our range of equipment, which is currently based around mobile light towers and generators.”

DOA is based in Novedrate, north of Milan, Italy, not far from Trime’s headquarters in Cassinetta di Lugagnano, also near Milan.

DOA’s management team will continue to support the company during the integration with Trime to ensure a smooth transition.

DOA shareholders said, “The transaction with Trime is the natural step for our company to develop a greater range of products and a wider distribution platform, especially to the global rental markets”.

Latest News
Jury concludes that Caterpillar owes $100m to importer amid US lawsuit
A jury in the US has concluded that Caterpillar must pay $100 million to an importer, following a legal dispute between the two companies.
Kanamoto eyes North America move
Company aims to double overseas revenue in next six years
Smart Construction to unveil Edge 2 at Intermat
New launch ‘an advancement’ in simplifying drone surveying processes and point cloud data processing