04.07.2023

Another acquisition for Mollo

Italian rental company Mollo Noleggio has acquired aerial lift and telehandler rental company Manetta Noleggi, based in Mosciano Sant’Angelo on Italy’s central east coast.

This latest acquisition, its second in less than six weeks, takes Mollo into the Abruzzo region of Italy for the first time and provides its 50th location. Manetta was established in 1999 and runs an expensive aerial lift fleet with Booms, scissor lifts, spider lifts, AlmaCrawler booms, and truck mounts, as well as 360 degree telehandlers and some general equipment.
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The Manetta premises rebranded with Mollo group signs

The takeover follows closely on the heels of the PMP acquisition in Friuli Venezia Giulia less that six weeks ago. Last year it acquired Monia Noleggi in Forlì and Parmiani Noleggi in Sondrio, the first acquisitions in its history.

Mollo Noleggio is based in Alba in Cuneo- south Turin, and is led by the brothers Mauro and Roberto Mollo, speaking of the Manetta acquisition Mauro said: “First of all, this new acquisition has a strong symbolic value, as it allows us to mark the 'milestone' of 50 Mollo Noleggio operating points. Manetta Noleggi is a consolidated and dynamic reality, it shares our ambition to provide excellent customer service”.

"I welcome the staff of Manetta Noleggi who join our team. I think it is a source of pleasure and a continuous stimulus to welcome new collaborators into our group, to increase mutual skill, improve the service to our customers, and set new goals to achieve together”.
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Mauro (L) and Roberto Mollo

Established in the 1970s Mollo had, until last year, expanded organically to more than 40 locations with two companies, Mollo Noleggio which runs aerial lifts and telehandlers, and sister company Mollogru which provides tower cranes. The group also has a business supplying building materials and another renting portable toilets. Today its fleet numbers around 10,000 units, with around 450 employees, in 2022 it achieve revenues of €104 million.