German international rental group Mateco has acquired aerial lift and telehandler rental company Induma Rent, with the transaction taking effect retroactively from 31st December last year.
Based in Stuttgart, Induma Rent had revenues of over €4 million in 2024 with around 300 machines in its fleet. The acquisition includes all 15 employees, the complete equipment inventory, and existing customer contacts as well as taking over Inuma's current location.
Dominik Dejon of Induma (L) with Alexander Bradfisch of Maetco
Financial details of the transaction have not been disclosed. Induma Rent will be merged into the Mateco network.
Mateco managing director Alexander Bradfisch said: "We are very pleased to welcome Induma Rent, a strong local partner in the Mateco group. Through the integration, we not only gain additional work platforms and forklifts, but above all valuable know how and special competence in the field of forklift technology."
Induma's managing director Dominik Dejon, added: "With the transition to owner managed Mateco, we are setting the course for a secure future - for our values, our quality standards and above all for our long standing employees and customers."
Founded in 1973, Mateco is Germany's largest powered access rental company, operating from 62 locations across Germany, with a fleet of more than 12,000 machines up to 90 metres, with more than 1,000 employees. Worldwide the fleet now totals around 40,000 units, with 150 locations across 15 countries, with Mateco Holding based in Belgium.
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