Fayat Group completes buyout of Mecalac Group

Fayat Group has acquired a 100 percent stake in the Mecalac Group, which offers a wide range of compact and innovative construction equipment for urban worksites, including excavators, loaders, dumpers and backhoe loaders, with production units in France, Germany, the U.K. and Turkey.

The Mecalac Group has joined Fayat Road Equipment Division, a world leader in road-building equipment, and will strengthen the division's offerings, particularly for urban projects, by providing innovative and sustainable solutions worldwide. The division now has 29 production sites in Europe, Asia and the Americas.

Within the group, Mecalac will retain its autonomy, like the division’s other brands, offering its clients high-end technological solutions marketed under the Mecalac brand. Mecalac will collaborate with other Fayat Group entities to develop technologies for its distribution network.

“This acquisition is a fantastic opportunity for Fayat Group and its customers. Mecalac is a highly recognized brand and an innovative player in the urban construction equipment market,” says Jean-Claude Fayat, president of Fayat Group. “Mecalac will play a strategic role in our group, and we are committed to ensuring the development of its product range. We will be using its expertise and technologies to complement our existing ranges … to keep developing equipment that meets our clients' specific needs, particularly on urban worksites.”