Haulotte Group has acquired 100 percent of the shares of its Turkish distributor Acarlar Makine, created in 2003 by Group Acar. Acarlar Makine offers a wide range of people-lifting equipment and has been the exclusive dealer of Haulotte since 2003.
Acarlar Makine is headquartered in Istanbul and has 34 employees in four branches in Turkey. Since April 2014, Haulotte Group has owned 50 percent of the share capital of Acarlar.
“This acquisition is in line with the participation taken in 2014 in a market that has now confirmed its potential of growth,” said Alexandre Saubot, deputy CEO of Haulotte Group. “Despite recent variations of the Turkish lira, we believe that the long-term perspectives in Turkey remain attractive for Haulotte Group.”
Haulotte Group is based in France, with U.S. headquarters in Virginia Beach, Va.
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.
