Adegem Facility News

Acquisition of “Famaba” by E-Crane/Indusign.

Acquisition of 100% of the shares of the Polish Steel Construction company “Famaba” by the Belgian harbor crane manufacturer E-Crane/Indusign. The E-Crane Group of Companies, a leading manufacturer of cranes for handling bulk materials, has succeeded in the acquisition of the Polish company ‘Famaba’, an ISO9001 certified company with 275 employees and revenues exceeding 20 million USD/16 million EURO in the year 2011. Another milestone in E-Crane’s ambitious business plan has been reached. With this acquisition, E-Crane fully owns a strategic supplier of high grade steel constructions for the crane industry while at the same time, Famaba stays an important European player in the market for foundations and towers for wind turbines.