13.04.2026

Fassi acquires Fascan

Italian loader crane manufacturer Fassi, which also owns a significant stake in Jekko, has acquired Fascan, its distributor in the USA, from the Faloney family.

The manufacturer says that the move will enable it to strengthen its presence in the US market, through a number of planned investments in sales, commercial functions and technical support.

Established in 1992, Fascan International is based near Baltimore, Maryland, but also works with a network of 150 service centres and local dealers across the United States. Last year it had revenues of around $50 million. The Faloney family, including president Bernie and general manager Michael Faloney, will remain involved in the management of the company.

Fassi chief executive Victor Gotta said: “The acquisition of Fascan International allows us to consolidate our presence and offer in the American market. Through the investment plan we will further expand Fascan’s network and sales force and will enhance our distribution our technical application capabilities in the United States.”

Fascan’s Bernie Faloney added: “I am very excited and proud to be part of the future of Fassi Group in the United States and am looking forward to the next phase of growth and the new opportunities that will arise”.

Vertikal Comment

This looks like it could be a very good move for both parties. Fascan has been a first class distributor for both Fassi and Jekko, and has an excellent reputation. Given the personalities involved, this should be one of those acquisitions that prove to be a win-win for both parties. It also gives Bernie, who started the business, a chance to cash out on his life's work, while providing an opportunity for Michael to step up at the same time as providing investment funds for further expansion in what is a growing market for articulated loader cranes/big articulated cranes and spider cranes.