Group consolidates presence in the French market
15 March 2017 | Web Article Number:
AN recently signed agreement gives the Fassi Group the majority share of CTELM, the holding company to which the French brands FASSI FRANCE, MILTRA and MARREL belong.
“It has been confirmed that Roger Boutonnet will continue as president of CTELM, and he took the opportunity, during the signing, to underline the excellent results obtained in 2016, both in terms of sales for Marrel and also with regards to the strengthening of all the subsidiaries,” the goup said in a statement.
Boutonnet, also a partner in CTELM, emphasized the objectives of growth and continuity that the company has set for the near future, adding that the new role that the group would play in CTELM was a further step towards its consolidation in the French market.
“This is an excellent opportunity to develop new commercial synergies for the CRANAB and JEKKO brands, which already form part of our group,” said Giovanni Fassi, CEO of the company of the same name, which is a world leader in the lifting sector.
“The Fassi group thus confirms its intention to consolidate its market position as a point of reference on an international level in the logistic, construction, recycling and forestry sectors,” the group said.