Consolidation and growth in the French heavy lifting market
Deal Flash
Montagrues, the Paris-based leader in mobile crane rental, has been sold to Group Plissonneau.
Established in 1973, Montagrues is the foremost expert in heavy and high lifting equipment in the Paris area. The company runs a technologically advanced and modern fleet of 36 mobile cranes.
The Chauffour family has owned Montagrues since its creation, and it is a great achievement to have become the leading mobile crane and tower crane rental company in Paris. We are proud to hand over our fast-growing group to Group Plissonneau, with whom we share the same values. The Oaklins team carried out its mission to sell our company perfectly, regarding both financial and extra-financial aspects.JEAN-MARC AND PIERRE CHAUFFOUR, SHAREHOLDERS, MONTAGRUES, FRANCE
Oaklins assists in finding the right partner
Oaklins’ team in France supported Montagrues in this competitive transaction. The team presented additional opportunities to Montagrues’ shareholders by targeting “unusual suspects,” such as international mobile crane, heavy transport and fleet companies, as well as equipment rental firms.
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