Time Manufacturing Co. has completed its acquisition of France Elévateur, a leading European manufacturer of mobile elevating work platforms.
Time is a global manufacturer of aerial lifts primarily for the electric utility, telecommunications, infrastructure, and forestry sectors. Time currently goes to market with the Versalift, BrandFX, Aspen Aerials, Ruthmann, Steiger, Ecoline & Bluelift brands. France Elévateur, founded in 1984, is a European manufacturer of MEWPs located in Flavigny-sur-Moselle, France. Now known as the FE group, the company is composed of France Elévateur, FE Benelux, FE Deutschland, and Movex, with regional sales and service organizations that together serve surrounding national markets.
Movex began upfitting work trucks in 1980 and was wholly acquired by France Elévateur in 2021. The company has production facilities near Barcelona and exports to more than 20 countries. Movex provides a bridge of entry into the Spanish market for both Time Manufacturing Co. and FE Group products and services.
Curt Howell, CEO of Time Manufacturing Co. said, "The France Elévateur acquisition represents a meaningful step forward in our global growth plan by adding more than 450 experienced professionals, a world-class regional product line, and over a dozen facilities across France, Belgium and Spain. Leveraging our existing reach in Austria, Denmark, France, Germany, Italy, Sweden, and Switzerland, The FE Group improves our reach in the important national markets of Belgium, Netherlands, Luxembourg, Ireland, Eastern France and Spain."
Charles Goffin, CEO, France Elévateur said, "Time Manufacturing Company is definitely the best possible partner for France Elévateur. Both companies have long histories and strong reputations for excellence in research and engineering in the aerial work platform industry, and they are complementary in both geography and markets. The entire FE Group team supports this transaction. Our current customers will immediately benefit by having more options for higher-access lifts, and Time Manufacturing Co. customers will benefit from our extensive service footprint."
"We are happy to welcome France Elévateur and Movex into the Time Manufacturing Co. group of brands,” added Kim Bach Jensen, president of Time Manufacturing Europe. “We believe that our companies share a philosophy focused on customer service, and enjoy a compatible product offering. Leveraging our collective knowledge, skilled staff, and worldwide distribution will strengthen us in the future. We are aligned in supporting our shared customers and their need for excellent solutions."
The acquisition of France Elévateur is a significant step forward for Time Manufacturing Co. in developing a sales and service network that supports the specialized access needs of telecommunications, electric utility and other essential end customers around the world. Time has international operations across the European continent, and North and South America, which each represents remarkable opportunities to expand and promote France Elévateur brands to a broader global audience.
