Swedish industrial group Lifco has acquired Italian crane manufacturer Boscaro. The company from Vittorio Veneto specialises in compact telescopic cranes for urban construction sites, a segment where competitors like Dutch manufacturer Spierings also operate. The acquisition is part of ongoing consolidation in the European crane market, where mid-sized specialists are increasingly being absorbed by larger industrial groups. Financial details of the transaction were not disclosed. Boscaro will continue operations as part of Lifco's demolition and tools division.