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IFS | Italian Finishing School 2018
12/02/2018 - 03:29 PM
IFS 2018 will be hosted by Cefla in Imola – April 16 – 20. Check out more details and discover how to enrol here
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Raute to deliver LVL lay-up and pressing lines to North-East Asia
12/02/2018 - 01:35 PM
Raute Corporation has received an order for LVL lay-up and pressing lines worth almost EUR 20 million from a North-East Asian customer. The customer’s name will not be released due to the customer’s request.
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Wood Taiwan 2018 showcases innovative woodworking machinery
12/02/2018 - 09:53 AM
Organized by Taiwan External Trade Development Council (TAITRA) and Taiwan Woodworking Machinery Association (TWMA), Wood Taiwan 2018 will be unveiled in Taipei Nangang Exhibition Center, Hall 1 from April 2-5, 2018 to showcase the latest and innovative woodworking machinery and technologies. It is just a few months away; make sure to participate in the biggest woodworking show in Taiwan
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Mold your wood waste into any finished product, in hardwood-quality, without machining
06/02/2018 - 06:50 AM
Not since the Industrial Revolution have we all been forced to rethink the way we do business. To compete in today’s ever changing global markets Sorbilite, Inc. invented and patented a new technology. It combines three industries into one streamline manufacturing process
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Fassi acquires full ownership of Cranab

30/11/2017 - 06:00 AM

The Italian crane manufacturer Fassi acquires 100% ownership of Cranab. Fassi acquired part-ownership of Cranab in 2013 and has since then increased its ownership in the company step by step and, with the acquisition of Hans Eliasson´s shares, has now become the full owner of the Cranab Group, which consists of the companies Cranab, Vimek and Bracke Forest.

“Our ambition is to develop Cranab to become a crane supplier with a wider product range, in which truck-mounted timber and recycling cranes become new products. The continuous development of off-road cranes for forest machines will further improve Cranab´s already strong position” says Giovanni Fassi, CEO of the Fassi Group.

“With Slagkraft, Vimek and Bracke Forest we will fulfil the ambitious development plans we already have”, Giovanni adds.

Hans Eliasson leaves his position as chairman of the Cranab Group to Giovanni Fassi. “I have had a long and exciting journey with Cranab over the last 45 years. My definite opinion is that Cranab will have great opportunities in the future under Fassi ownership. Fassi´s ambitions are that Cranab will develop, produce and sell cranes that support and complement Fassi’s successful existing product range of cranes for cargo handling,” Hans Eliasson comments. Fassi is a successful crane manufacturer with headquarters in Bergamo in northern Italy. The company started by installing cranes onto trucks and as an importer of Foco cranes from northern Sweden in early 1960’s. The company is owned by the Fassi family and today has a strong position in the global market for truck loader cranes.

“In Fassi Cranab are getting a long-term industrial owner with a focused leadership and a solid knowledge of the crane market,” says Anders Strömgren, CEO for the Cranab Group. “The most important synergies are that Cranab has products which complement those that Fassi already has, and that Fassi has a well-developed global dealership network through which our products can be distributed,” Anders concludes.



(Fassi/Fordaq)
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