FAYAT Group buying MECALAC Group

The FAYAT Group is in the process of buying the entire share capital of fellow French firm MECALAC Group. The deal still has to obtain the necessary regulatory authorisations from the anti-trust authorities before it can be finalised.

However, the two parties have signed an agreement for FAYAT to acquire MECALAC Group, the parent of the MECALAC Group. The MECALAC brand is well known for its wide range of compact construction machines.

The FAYAT Group has said that it hopes to obtain the required regulatory authorisation so that it can finalise the acquisition of the MECALAC Group before the end of the first half of 2025.

This move follows on from FAYAT Group acquiring a controlling interest in asphalt plant specialist Asphalt Drum Mixers LLC (ADM), based in Huntertown, Indiana during mid-2024.

FAYAT Group continues to develop its operations in the construction sector, including manufacturing.