In a press release, Matebat said that this deal would consolidate its position as the market leader in the French tower crane and construction equipment rental market.

Founded in 1982, Matebat has made more than ten acquisitions as it builds its coverage across France. One of the most recent of these was of Franmat, in July 2013, which added 145 medium and large Manitwoc Potain GME cranes to Matebat’s fleet. The company website says it currently has more than 640 cranes in its fleet, and 155 employees.