Haulotte acquires Turkish dealer
Haulotte has acquired the shares in its Turkish distributor Acarlar Makine that it did not already own, giving it 100 percent of the equity.
Based in Istanbul, Acarlar was established in 2003 by the Acar group, and currently employs 34 staff across four locations. In addition to Haulotte the company distributes Omme lift trailer and spider lifts, Ruthmann truck mounted lifts, Unic spider cranes and Teupen spider lifts.
The company has been a Haulotte distributor since it began trading, and Haulotte acquired a 50 percent stake in the business in 2014. See Haulotte buys into Turkish distributor
Haulotte deputy chief executive Alexandre Saubot said: “This acquisition is in line with the participation taken in 2014 in a market that has now confirmed its potential of growth. Despite recent variations of the Turkish lira, we believe that the long-term perspectives in Turkey remain attractive for Haulotte.”