GAM Spain purchases forklift specialist

Belinda Smart

15 July 2021

Spanish multinational rental company General de Alquiler de Maquinaria (GAM) has purchased forklift specialist Recamasa, for € 7 million, securing exclusive distribution of Yale forklifts, a prominent brand in the Spanish market.

Recamasa had a turnover of € 7 million euros last year, with a gross operating result (EBITDA) of € 2 million and a net profit of € one million.

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    Euan Youdale Editor Tel: +44 (0)1892 786 214 E-mail: [email protected]
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