Mateco acquires Swiss rental major
28 November 2023
Mateco has announced the acquisition of leading Swiss aerial platform rental provider Maltech.
The investment by Europe’s second largest MEWP rental company Mateco, will see it take 100% ownership of Maltech Holding, the parent company of Maltech and Skyworker Trade.
Mateco said the acquisition represents the next step in its long-term growth strategy to strengthen its position in selected markets, including Switzerland.
“With Maltech, mateco acquires an already market-leading company in Switzerland with 130 employees, over 700 rental devices and a company history spanning more than 50 years,” said the company.
Pascal Vanhalst, owner of Mateco, added, “I am extremely pleased that we can combine our strengths in the exciting Swiss market with Maltech AG and continue to operate successfully.
“We are an owner-managed, internationally active group that can offer Maltech many opportunities. I would like to extend a special welcome to all employees of Maltech AG and Skyworker Trade AG and look forward to working with them.”
Eric Hunziker, chairman of the board of directors of Maltech Holding, added, “My brother Marc and I have known Pascal for a long time and have great respect for his life’s work. We are convinced that Maltech and Skyworker Trade are in good hands and can take a secure path into the future.”