Arcomet says it is planning to open new branches or joint ventures with regional service companies in Western Europe and North America in the next 12 to 24 months. Further investment opportunities in emerging markets in the Middle East, Far East and Central Europe are under investigation, it said.
It says that it is beginning to take a prominent role in the “consolidation of a buoyant but fragmented world tower crane rental and services market.”
Arcomet has decided to hire investment bank Rothschild to advise the company to make the most of the new development phase into which it is entering and secure optimal funding to proactively lead sector consolidation in the coming three to five years, it said.
Dirk Theyskens, managing director, Arcomet Group Dirk Theyskens
