24.04.2026

Mollo's €170 million plans

Italian rental company Gruppo Mollo held its 15th annual employee convention last month in
has a plan for the next two years, which includes a €170 million of investment, new branch openings and recruitment. The plans were presented at the company’s 15th convention last month held in Alba, between Turin and Genoa in Italy.

Under the two year plan, the €170 million investment will be allocated to 'fleet development', new branch openings and acquisitions. It also plans to recruit an additional 200 employees, taking the total number to nearly 1,000. The branch network is set to grow to 100 rental locations by December 2027, with openings this year set to include Cagliari, its first location in Sardinia, Rome, its first presence in Lazio, and Ancona in Italy.

The company has grown from 57 rental centres in 2023 to 78. It reported that last year, revenue was €180 million, up 21 percent year on year, and said this year opened with a further 20 percent increase in the first two months. In 2025, it said it completed 121,400 rental contracts for around 31,000 customers. The company also claims that Mollo Academy has issued 13,700 operator licences.

With its headquarters in Alba, south of Turin, and established in the 1970s as a material and construction equipment provider, Mollo expanded purely organically until it set out on an acquisition trail in 2022. At present, the company claims to run a fleet of 20,000 aerial work platforms supported by a team of around 650 employees from nearly 80 locations.