Morocco-based Atlas Rental has acquired Maroc Elevation, a powered access specialist in the country.
Maroc Elevation was founded in 2008 and it is a subsidiary of Acces Industrie, based in France, and has three branches located in Casablanca, Tangier and El Jadida. Atlas Rental is a subsidiary of the Stokvis and Loxam groups and operates its generalist rental fleet under the Loxam brand.
Saïd Alj, Atlas’ chairman of the board, commented, “I am pleased to announce the acquisition of Maroc Elevation and I am delighted to welcome all of its employees into our group. This acquisition will enable Atlas Rental to increase its market share in equipment rental in Morocco and diversify its fleet into powered access equipment.”
Daniel Duclos, chairman of the executive board of Acces Ibustrie, added, “I am proud to have created and developed this activity in Morocco and to have made it one of the leaders in access equipment rental with its three branches. Following its disengagement from international activities, Acess Industrie is selling Maroc Elevation having also ceased its activities in Spain and Portugal in 2013.”