Mechan and CIM Group join forces
Posted: 6 March 2017 | | No comments yet
Sheffield-based rail depot equipment specialist, Mechan, has been acquired by one of the industry’s most ambitious international suppliers of integrated solutions: CIM Group.
Sheffield-based rail depot equipment specialist, Mechan, has been acquired by one of the industry’s most ambitious international suppliers of integrated solutions: CIM Group.
Mechan will be retaining its name, management and personnel but will be benefiting from CIM’s export expertise and industry contacts. Meanwhile France’s CIM Group will benefit from Mechan’s extensive range of heaving lifting and handling equipment, which includes the design and realisation of railway infrastructure supply and construction projects.
“This takeover will provide us with an excellent opportunity to accelerate our international development,” said Richard Carr, Mechan’s Managing Director. “We are looking forward to raising CIM’s profile in the UK and becoming part of an organisation that has demonstrated its dynamism through consistent growth.”
CIM operates worldwide in over 120 countries. It ensures the sustainability of the work it carries out, plus the reliability of clients’ rolling stock through the provision of engineering and maintenance services.
Commenting further, Alain Lovambac, Chief Executive of the CIM Group added: “Mechan is a particularly innovative and successful company whose high-quality products are complementary to our own. This acquisition strengthens our ambition to become a world leader in the design and supply of turnkey railway workshop solutions.”