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EPIQ Machinery acquires 50% in FAFECO Group

Mar 20, 2025

Acquiring Company

EPIQ Machinery

Acquired Company

FAFECO GROUP

MontrealMumbaiManufacturingManufacturing

Description

EPIQ Machinery has announced the acquisition of a 50% stake in FAFECO Group, enhancing its global presence, particularly in India. This strategic move bolsters EPIQ's workforce and integrates FAFECO's specialized crane manufacturing expertise with EPIQ's automation solutions. Both companies will continue to operate independently while collaborating on innovation and market expansion efforts.

Quick answer

EPIQ Machinery is acquiring FAFECO GROUP, announced March 20, 2025. EPIQ Machinery is based in Montreal, Quebec, Canada.

How much did EPIQ Machinery pay for FAFECO GROUP?
The deal value was not disclosed.
What does EPIQ Machinery do?
EPIQ Machinery is a world-class equipment manufacturer known for its rapid growth and innovation.
Where are EPIQ Machinery and FAFECO GROUP based?
EPIQ Machinery is based in Montreal, Quebec, Canada. FAFECO GROUP is based in Mumbai, Maharashtra, India.
Who are the decision-makers at EPIQ Machinery?
Fundz holds 1 contact at EPIQ Machinery. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

EPIQ Machinery

Location

Montreal, Quebec, Canada

About

EPIQ Machinery is a world-class equipment manufacturer known for its rapid growth and innovation. The upcoming acquisition of the mining and metals activities of Alizent Canada and Alizent USA will lead to the creation of a new entity called EPIQ DIGITAL. This strategic acquisition aims to enhance EPIQ Machinery's service offering by providing a state-of-the-art digital operations management platform for clients in the aluminium sector transitioning into Industry 4.0.

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Frequently asked

Who acquired FAFECO GROUP?

FAFECO GROUP was acquired by EPIQ Machinery, based in Montreal. The deal was reported on March 20, 2025. EPIQ Machinery is a world-class equipment manufacturer known for its rapid growth and innovation. EPIQ Machinery is privately held and operates in Manufacturing.

When did EPIQ Machinery acquire FAFECO GROUP?

EPIQ Machinery's acquisition of FAFECO GROUP was reported on March 20, 2025. EPIQ Machinery has announced the acquisition of a 50% stake in FAFECO Group, enhancing its global presence, particularly in India. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does FAFECO GROUP do?

FAFECO GROUP is one of India's most respected manufacturers of custom-designed cranes and overhead cranes. Founded in 1971, the company operates three facilities with an annual production capacity of 100 cranes. It is privately held, operating in Manufacturing, and is based in Mumbai.

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