Haulotte acquires in Turkey

By Euan Youdale09 October 2018


Haulotte boom, belonging to Turkey-based Rent Rise.

Haulotte Group has acquired 100% of the shares of Turkey-based Acarlar Makine. Acarlar is Haulotte’s official distributor  in the country.

Acarlar was founded in 2003 by the Acar Group, and, since April 2014, Haulotte Group has had a 50% stake in the company.

“This acquisition is in line with the equity investment made in 2014 in a market that has confirmed its growth potential ever since. Despite recent variations in the Turkish Lira, we believe that the prospects for long-term developments in Turkey remain attractive for the Haulotte Group,” said Alexandre Saubot, deputy chief executive officer of Haulotte Group.

See the Turkey feature in the the soon-to-be-published October issue of Access International for an indepth view of the market.

Latest News
Franna debuts Minemaster product line
The range features a series of pick and carry cranes with lift capacities ranging from 17 tons to 44 tons.
JLG: Market drivers indicate strong multi-year growth
JLG’s Q4 results break backlog records, OEM reports backlog up 652% vs. prior year to $2.8 billion
9 carbon reduction targets from equipment rental firms
As the race for the construction industry to reach Net Zero heats up, we take a look at the latest pledges from the rental sector to meet their targets…