Riwal, international aerial work platform, telehandler and forklift rental specialist, is extending its branch network in Germany with the acquisition of German rental company Adam GmbH.
Adam GmbH, a rental specialist handling aerial work platforms, telehandlers and forklifts, was founded in 1990 by Markus Adam. The company is based in Hanau, near Frankfurt, has 20 employees, two locations and operates a fleet of 110 machines, including boomlifts, scissorlifts and truck-mounted platforms.
Adam GmbH’s managing director Markus Adam will advise on the transition until the end of 2018. Adam GmbH will be integrated into Riwal’s German network, where it now has 12 branches.
“Following the purchase of AFI GmbH in 2017, the acquisition of Adam GmbH enables Riwal to further strengthen its market coverage in Germany, especially in the Frankfurt area as well as the Northwest of Bavaria,” said Norty Turner, Riwal CEO. “Riwal and Adam GmbH are a strong fit as both companies are specialists in powered access and have a strong customer focus. Adam GmbH is a strong fit as both companies are specialists in powered access and have a strong customer focus. Adam GmbH has a wealth of experience in the rental of truck-mounted platforms, which will be beneficial to further expand our business in that market segment across Germany. Riwal warmly welcomes all of Adam’s team members into the Riwal family.”
“I am proud that our company is joining forces with one of the global leaders in powered access rental,” added Adam. “We will be able to share our local market knowledge with the Riwal team and the acquisition will provide development opportunities for the employees. In the period ahead, I will closely work for Riwal to ensure a successful integration between the two companies.”
Riwal, based in Dordrecht, The Netherlands, is an international rental and sales specialist of aerial work platforms, telehandlers and power generators. It has 67 branches in 16 counties, with more than 16,000 units. Riwal conducts business in more than 70 counties.