France Elevateur in CTE distribution buyout

The France Elevateur Group has acquired a majority shareholding in CTE France.

Following this aquisition, all products manufactured by CTE SpA will be distributed by CTE France. Previously, France Elevateur subsidiary AB Service distributed the CTE B-Lift telescopic truck mounted range, while CTE France distributed the CTE ZED truck mounts, Traccess tracked products and all other CTE products.

The amalgamated CTE France team will consist of more than 10 sales representatives, while CTE tecnical support will now be available at more than 10 CTE service points across France, said the company.