Modulaire Group announces completion of Tecnifor, Locabox and FAE acquisition
LONDON, July 30, 2021 /PRNewswire/ -- Modulaire Group, Europe and Asia Pacific's leading business services company specialising in modular services and infrastructure, is pleased to announce that it has completed the acquisition of Tecnifor S.p.A and the business and operations of Locabox S.r.l. and F.A.E. S.p.A. from the shareholders.
Headquartered in San Gemini, near Rome, Tecnifor and Locabox are together one of the leading providers of modular building leasing solutions in Italy. The company operates a fleet of over 12,000 modular units primarily for clients within construction and public administration. FAE also operates a facility in San Gemini that manufactures units for the rental fleet or sales market.