Fassi Group consolidates French presence

By Ian Vallely03 February 2017

Giovanni Fassi, CEO of Fassi

Giovanni Fassi, CEO of Fassi

An agreement has been signed in Paris, giving the Fassi Group the majority share of CTELM, the holding company to which the French brands Fassi France, Miltra and Marrel belong.

Roger Boutonnet will continue as president of CTELM.

Giovanni Fassi, CEO of Fassi, said, "This is an excellent opportunity to develop new commercial synergies for the Cranab and Jekko brands, which already form part of our group."

Latest News
MEC leak containment patents approved
Granted patents for MEC’s LCS for slab scissors cover the US, Europe and Canada 
Time acquires France Elévateur
France Elévateur (FE Group) incorporates FE Benelux, FE Deutschland and Spanish producer Movex
Time Manufacturing names new Europe president
Kim Bach Jensen, previously managing director of the group’s Versalift International division, is promoted to the roles