09.09.2016

Fassi buys into Jekko

Italian loader crane company Fassi has purchased a 33.3 percent stake in the Italian spider and mini crane manufacturer Jekko from its current owner Ormet.

Until now Jekko has essentially been a brand of Ormet, which developed the business from the original Imai custom built spider cranes it first produced 15 years ago. As part of this new development, the company placed the Jekko business and assets into a new company - Jekko s.r.l. –which it set up in January. Fassi has now acquired a third of this business with Tonon Pierluigi and Diego Tomasella each owning the other two thirds.
Please register to see all images

The owners and directors of Jekko s.r.l: (L-R) Mauro Tonon, Rossano Ceresoli, Pierluigi Tonon, Diego Tomasella and Giovanni Fassi

Jekko is currently based in a 5,000 square metre facility in the province of Treviso, where it has 3,000 square metres under cover. This will now be doubled - as it moves to a new larger plant around a kilometre away - in order to cope with the increased demand for its expanding crane product line. The company employs 35 and sells its products globally through a network of 30 official dealers

Jekko president Diego Tomasella said: “Over the last three years Jekko has been
growing at leaps and bounds, exceeding 30 percent yearly,and this derives from a teamwork backing high-quality products. We are now reaping the results from what we invested over years of research and development. In late 2016 we are going to open a new 4,000 square metre building specially dedicated to the assembly and testing of our cranes, and located on an 11,000 square metre plot.”

Giovanni Fassi added: “The market potential of these machines is no doubt interesting. The entire staff of the company is determined to seize all chances that will turn up in years to come.”
Please register to see all images

Jekko cranes at its current production facility