Two French construction equipment groups are joining forces following the Fayat Group’s announcement that it has signed an agreement to acquire Mecalac.
The transaction is subject to regulatory approval by the relevant competition authorities and is expected to be completed by the end of the first half of 2025.
“We are pleased to announce that the Fayat and Mecalac groups have signed an agreement for the acquisition of the Mecalac Group by the Fayat Group,” Alexandre Marchetta, Chairman and CEO of the Mecalac Group, and Henri Marchetta, Founder and President of the Mecalac Group said in a joint letter.
“In the meantime, the Mecalac Group continues to operate as usual, and remains committed to supporting its customers and partners around the world.”
The letter also notes that once the transaction is finalized, both groups will work to ensure a seamless transition.
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Mecalac, or “Mécanique du Lac,” was founded in 1974 in Annecy-le-Vieux, France. Marchetta acquires the PEL-JOB Group and becomes its chairman in 1990. The group includes three plants in France: Mecalac in Annecy, Pel-Job in Belley and Hydromo in Albens.
Today, Mecalac Group machines are in more than 85 countries. Its line of compact construction equipment is focused on flexibility and. Process innovation and designed for 3D compactness and optimized attachment and tool carrier.
It’s manufacturing facilities are located in France, in Germany, in the United Kingdom and Turkey.
A part of the Fayat Group, Mecalac joins Bomag, Dynapac, Ermot, Marini, SAE, Secmair, Dulevo and Scarab. The company also owns the winery Château Fayat in Libourne in the Bordeaux Region of South-West France.
Founded in 1957, Fayat Group is now present in 170 countries and employs more than 23,000 people. Its companies build equipment for roadbuilding, public works, foundations, energy and services, metal work and boiler making.
In 2024, the group achieved a turnover of $5.7 billion euros.
