01.10.2018

Riwal acquires in Germany

Dutch international aerial lift and telehandler rental group Riwal has acquired the German aerial lift rental company Adam.

Founded by managing director Markus Adam in 1990, the company is based in Hanau, near Frankfurt. It employs 20 at two locations, with a fleet of 110 machines, including scissor lifts, boom lifts and truck mounted platforms.

Markus Adam will remain on board in an advisory capacity until the end of the year, in order to ensure a smooth transition. The business will be integrated into Riwal Germany, increasing its depot network to 12.
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Adam is particularly strong in the truck mounted market

Riwal chief executive Norty Turner said: “Following the purchase of AFI GmbH in 2017, the acquisition of Adam enables Riwal to further strengthen its market coverage in Germany, especially in the Frankfurt area as well as the Northwest of Bavaria. Riwal and Adam are a strong fit as both companies are specialists in powered access and have a strong customer focus. Adam has a wealth of experience in the rental of truck mounted platforms, which will be beneficial to further expand our business in that market segment across Germany. Riwal warmly welcomes all of Adam’s team members into the Riwal family.”

Markus Adam added: “I am proud that our company is joining forces with one of the global leaders in powered access rental. We will be able to share our local market knowledge with the Riwal team and the acquisition will provide development opportunities for the employees. In the period ahead, I will closely work for Riwal to ensure a successful integration between the two companies”.