European companies create a new group that looks closely at Brazil

Fassi-Jonsson-truck-crane-society-thumbThe Italian company Fassi Gru S.p.A. has become a shareholder of the Cranab company that it has bought the Bracke brand. This new Swedish group reaches a turnover of 40 million Euros. Leading manufacturer of forestry cranes in Sweden, Cranab, a company based close to Umeå, has just concluded a deal that is expected to affect the market in the coming years. Cranab also acquired control of the company Brake, manufacturer of equipment for forest exploitation. At the same time Fassi has become a major shareholder of Cranab.

In the picture Fredrik Jonsson CEO of Cranab to the left and Giovanni Fassi, CEO of Fassi Gru S.p.A., to the right, during the meeting Wednesday 22th at the headquarter of the italian company.

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Fassi Gru S.p.A. - Loader cranes manufacturer since 1965

Fassi Gru is the market leader among Italian producers. Its product range and sales numbers place it among the top producers of hydraulic cranes in the world.

Fassi’s production potential is approximately 12,000 cranes per year. The entire range is exported and distributed throughout the world through an efficient and widespread distribution network. From Canada to France, from the UK to Australia, Fassi’s professionalism is reflected in the company’s aim to meet different market needs, which are often linked to the specific geographical and economic conditions of individual countries.