Boels Rental Acquires Riwal

By Author: Orson Amiri
Total Articles: 229
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Boels Rental, a key player in the rental industry, is set to acquire Riwal, a renowned company specializing in Aerial Work Platforms (AWP), pending regulatory approvals. This strategic move is part of Boels' ambitious growth strategy, aiming to solidify its position as Europe's top rental partner by expanding into new territories, strengthening presence in existing markets, and enhancing its AWP fleet. The acquisition will leverage Boels and Riwal's combined resources and experience in overlapping European regions, while also opening doors to new markets like Spain and France, given Riwal's global footprint.

Riwal's expertise in AWPs, with a significant portion of its fleet already electrified, aligns with Boels' commitment to sustainability. This acquisition not only extends Boels' AWP fleet and service offerings but also enhances its ability to meet high customer standards. Both companies share a rich history and commitment to quality equipment and excellent customer service, creating a strong cultural fit that promises exciting opportunities for collaboration and personal growth among employees. With Riwal adding around ...
... EUR 310m turnover and nearly 1200 expert employees to Boels, the acquisition strengthens Boels' financial position, enabling sustainable growth and navigating market challenges effectively. Together, Boels and Riwal are poised to reach greater heights, delivering unparalleled customer service and innovation in the rental industry.

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