HMF Group buys F.lli Ferrari Benelux operations
Adds Dutch distribution and service for proprietary F.lli Ferrari, Kennis and Amco Veba Marine crane and lifting equipment brands.
Takeaways
- F.lli Ferrari’s Netherlands distribution arm is a distributes truck-mounted cranes and lifting equipment.
- HMF Group is acquiring F.lli Ferrari’s Netherlands distribution arm.
- The target serves industrial and manufacturing across Netherlands.
Germany-listed Mutares exited F.lli Ferrari’s Netherlands distribution arm in a sale to HMF Group, bringing the acquirer a distributor of truck-mounted cranes and lifting equipment.
The operation serves customers across the Netherlands, with exposure to industrial and manufacturing end markets.
Its product set is tied to proprietary brands manufactured by F.lli Ferrari, including F.lli Ferrari, Kennis and Amco Veba Marine.
The deal was characterized as an add-on for HMF Group, which is building in crane distribution.
The acquired business gives HMF Group local distribution and service capabilities around those product lines.
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