On May 31st 2021, the Fayat Group acquired Dulevo International S.p.A.
Dulevo will be part of FAYAT Environmental Solutions. Dulevo’s well-established reputation and professional expertise, particularly in self-propelled mechanical sweepers, will further strengthen the Group's position within the industry.
Dulevo’s strong global product range will complement the current Sweeper family – Ravo, Scarab and Mathieu – and create a true "One-Stop Sweeper Shop" capable of delivering the fullest possible range of complementary products. With this acquisition, FAYAT Environmental Solutions will become the global leader in sweeping solutions.
With the addition of Dulevo, FAYAT Environmental Solutions will have yet another source of expertise and excellence. Going forward, the entities will be able to share best practices and harmonize business processes in order to maximize the benefits that this wider pool of knowledge brings to everyone involved. Leveraging these benefits, FAYAT Environmental Solutions will be able to offer dealers and end-users the best possible customer experience and the highest possible level of service.
The acquisition includes all Dulevo International sales and service operations, as well as ownership of the administrative buildings and all manufacturing facilities in northern Italy.
For Jean-Claude Fayat,
President of the FAYAT Group, this acquisition means, above all, a chance to
deliver greater benefits to dealers and end-users alike. "We are very
happy to welcome Dulevo into our Group. Dulevo will enlarge our offers with
mechanical sweepers and electric sweepers, while accelerating our growth in
some strategic geographic areas. We will create even more value for our
customers. We will leverage expertise and complementary technologies with our
existing portfolio to continuously develop solutions that closely meet the
needs of our customers, today and for the future."
About The Fayat Group:
The Fayat Group, operating in 170 countries thanks to the dedication of more than 21,500 employees, provides innovative and sustainable solutions to its customers all over the world in the 7 major activities where it has developed: Civil Works, Foundations, Building, Energy Services, Metal, Pressure Vessels and Road Equipment. In 2020, the Group achieved a turnover of €4.1 billion. For more information, please visit: www.fayat.com
About Dulevo International:
Dulevo International S.p.A was founded in 1976 in Parma, Italy, and opened its first manufacturing plant in 1982. Operating in more than 80 countries, Dulevo has more than 200 employees and recorded an annual turnover of €70 million in 2020. For more information, please visit: www.dulevo.com
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