The agreement includes sales and services operations in 37 countries, production units in four countries: Sweden, Germany, Brazil and China and a production partnership in India. The business has 1 280 employees and revenues of approximately MSEK 2 900 (MEUR 309) in 2016.
Through the acquisition of Dynapac, Fayat further strengthens its strategic position in the road construction and maintenance equipment segment. Being a fully family owned business with many years of experience in the road construction and maintenance machinery business, the Fayat Group will provide Dynapac with the backing to be a stable and long-term reliable partner to its customers worldwide.
Under the Fayat umbrella, Dynapac will continue to operate as an autonomous manufacturer providing its customers with state-of-the art technology under the Dynapac brand. In the development of some future technologies, Dynapac will cooperate with other companies within the Fayat Group to offer our customers best solutions also for tomorrow’s challenges.
Dynapac will put a strong focus on providing its customers with a strong and reliable service support, working through own organizations in major regions of the world, as well as through established sales and service partners.
“- This acquisition is a great opportunity for the Fayat Group and its customers, as Dynapac is a key player in the road construction equipment market with a highly recognized brand”, said Jean-Claude Fayat, President of the Fayat Group. "Dynapac has an excellent strategic place in our Group and we plan on growing and expanding its presence and product offering. We will leverage its expertise and technologies together with our existing portfolio to continuously develop equipment that closely addresses our customers’ needs.“
For more information, please contact:
Stéphane Guillon, Director of Marketing & Communication for Fayat
+33 5 56 00 21 00
About the FAYAT Group
The FAYAT Group, founded in 1957 and headquartered in France, operates in 120 countries through its 152 companies, and thanks to the dedication of its 19 000 employees, offers innovative and sustainable solutions to its customers around the world, for the construction market, in the seven major activities: Public Works, Foundations, Building, Metal and Mechanical Structures, Energy & Services, Pressure Vessels and Road Equipment.
In 2016, the Group achieved a turnover of 3.5 billion euros.
A world leader and specialist in road equipment, FAYAT offers a broad and performant range of equipment intended for each step of the road life cycle.