Italian aerial work platform manufacturer Multitel Pagliero has acquired tracked platform specialist Palazzani. The acquisition expands Multitel Pagliero's portfolio with compact tracked platforms, which are primarily used in interior finishing and on difficult terrain. The acquisition is part of a series of consolidations in the European aerial work platform market, following several years in which various mid-sized manufacturers have been acquired by industry leaders or financial investors. Financial details of the transaction were not disclosed.
This article was created with AI assistance and editorially reviewed.
