Boels Rental Acquires Riwal

 


Boels Rental announces the prospective acquisition of Riwal, a renowned Aerial Work Platforms (AWP) company, aligning with its strategy to dominate the European rental market. Boels aims to strengthen its presence in existing markets while venturing into new territories like Spain and France through Riwal's global footprint. With Boels' dense European network and Riwal's international branches, the acquisition promises significant growth and profitability. Riwal's expertise in AWPs, especially its focus on sustainability with electrified fleets, complements Boels' commitment to environmental responsibility and customer satisfaction. The merger capitalizes on shared heritage and business ethos, fostering collaboration and personal growth among employees. Boels anticipates substantial growth in scale and financial strength, propelled by Riwal's EUR 310m turnover and extensive branch network across 27 countries, setting the stage for sustainable expansion.

The addition of Riwal not only bolsters Boels' market position and AWP portfolio but also amplifies its dedication to innovation and sustainability. The expanded branch network facilitates efficient customer service, while Riwal's expertise in AWPs enriches Boels' offerings. Together, they are poised to tackle industry challenges and achieve greater heights. Boels anticipates seamless integration, leveraging Riwal's diverse talents and extensive fleet to drive growth and innovation. With a shared vision for excellence, Boels and Riwal are primed to shape the future of the rental industry, delivering unparalleled service and sustainable solutions to customers worldwide.

Read More - https://www.techdogs.com/tech-news/pr-newswire/boels-rental-acquires-riwal

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