{"id":4882,"date":"2016-07-12T14:33:02","date_gmt":"2016-07-12T14:33:02","guid":{"rendered":"http:\/\/minutes.machine.market\/?p=4882"},"modified":"2016-07-12T14:33:02","modified_gmt":"2016-07-12T14:33:02","slug":"fassi-becomes-majority-owner-of-crane-manufacturer-cranab","status":"publish","type":"post","link":"https:\/\/machine.market\/blog\/fassi-becomes-majority-owner-of-crane-manufacturer-cranab\/","title":{"rendered":"Fassi becomes majority owner of Swedish crane manufacturer Cranab Group"},"content":{"rendered":"

Fassi<\/a>, one of the world\u2019s largest manufacturers of cranes for trucks, becomes the majority owner of the Cranab group with the subsidiaries; Vimek, Bracke Forest and Slagkraft<\/a>, through the acquisition of Z-forestab\u00b4s ownership stake in the company.<\/strong><\/p>\n

Z-forestab<\/a>, a jointly owned company by Inlandsinnovation<\/a>, Mittkapital<\/a> and Ekonord<\/a>, has agreed to sell its stake in Cranab Group<\/a>. Fassi is already a shareholder in Cranab group and through this deal Fassi becomes the majority owner.<\/p>\n

Hans Eliasson, Chairman in Cranab group, is positive to Fassi\u2019s increased holding in Cranab: \u201cFassi has been a shareholder in Cranab for three years and has already contributed significantly to the growth of the company. They operate on a wide international market, and the deal will give us additional growth and new business opportunities. Z-forestab has over the years played a significant role in the strengthening of the industrial cluster around Cranab group and we look forward to an even stronger cooperation with Fassi\u201d, he comments.<\/p>\n

\u201cWe see the joint development of a new crane product line as an important contributor of future growth in the on-road crane segment. Also, Cranab\u2019s focus on the forestry industry, is a very good complement and an excellent market opportunity to be combined with the other product lines Fassi holds, says Giovanni Fassi\u201d, CEO of the Fassi Group.<\/p><\/blockquote>\n

\u201cI am pleased to see that Z-forestab\u00b4s efforts towards this industrial group structure now shows results\u201d, says Lars Johansson, Chairman in Z-forestab.<\/p>\n

Peter Gullander, CEO of Inlandsinnovation AB, majority owner of Z-Forestab, is satisfied with the industrial structure that Z-forestab and Fassi has built up around Cranab group. \u201cIt has strengthened Cranab\u2019s global competitiveness and secured jobs in northern Sweden\u201d, he says.<\/p>\n

For further information, please contact:<\/strong><\/p>\n

Hans Eliasson, Chairman, Cranab Group: hans.eliasson@cranab.se<\/a>, +46 705 211 590
\nSilvio Chiapusso, Communication Manager, Fassi Gru S.p.A: silvio.chiapusso@fassi.com<\/a>, +39 348 731 2455
\nPeter Gullander, CEO, Inlandsinnovation AB: peter.gullander@inlandsinnovation.se<\/a> +46 738 381 800<\/p>\n

\n

The Cranab Group includes the companies Cranab AB which manufactures cranes and grass and brushwood clearing machines, Vimek AB which manufactures small forest machines, and Bracke Forest AB which manufactures scarifiers, planting machines and felling heads. <\/em><\/p>\n

Operations are conducted in Sweden, in Vindeln outside Ume\u00e5, in the County of V\u00e4sterbotten, and in Br\u00e4cke, J\u00e4mtland County.<\/em>
\nRead more at cranab.se<\/a>, vimek.se<\/a> and brackeforest.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fassi, one of the world\u2019s largest manufacturers of cranes for trucks, becomes the majority owner of the Cranab group with the subsidiaries; Vimek, Bracke Forest and Slagkraft, through the acquisition of Z-forestab\u00b4s ownership stake in the company. Z-forestab, a jointly owned company by Inlandsinnovation, Mittkapital and Ekonord, has agreed to sell its stake in Cranab […]<\/p>\n","protected":false},"author":1,"featured_media":4883,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":""},"categories":[2,3,8],"tags":[542,562],"yoast_head":"\nFassi becomes majority owner of Swedish crane manufacturer Cranab Group - MachineMarket Blog<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cranemarket.com\/blog\/fassi-becomes-majority-owner-of-crane-manufacturer-cranab\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fassi becomes majority owner of Swedish crane manufacturer Cranab Group - MachineMarket Blog\" \/>\n<meta property=\"og:description\" content=\"Fassi, one of the world\u2019s largest manufacturers of cranes for trucks, becomes the majority owner of the Cranab group with the subsidiaries; Vimek, Bracke Forest and Slagkraft, through the acquisition of Z-forestab\u00b4s ownership stake in the company. 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