Time Manufacturing Acquires France Elévateur

Time Manufacturing, a global provider of vehicle-mounted aerial lifts and a portfolio company for H.I.G. Capital, acquired France Elévateur (The FE Group). a manufacturer of vehicle-mounted aerial platforms for customers in various trades, including public lighting, electric utility, roofing, telecommunications, rail networks and other fields requiring access solutions. With its two manufacturing sites in France and Spain and its footprint of 15 service facilities, France Elévateur provides machinery and after-market services across Europe.

“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,” Curt Howell, CEO of Time Manufacturing, said. “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.”

“Together, Time Manufacturing and France Elévateur can leverage their combined portfolio of vehicle-mounted access products to bring additional solutions to all customers,” Charles Goffin, CEO of France Elévateur, said.

“France Elévateur is a highly complementary addition that brings further diversification to Time Manufacturing’s suite of aerial lifts and strengthens the company’s global leadership position,” Tenno Tsai, head of North American industrials for H.I.G.

“We are thrilled to continue supporting management and the company in their efforts to enhance our European operations, particularly in the utility and telecommunications end markets,” Klaas Reineke, managing director at H.I.G., said.

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