Fortaco Group acquired 100 per cent of Buisard Cabins
Fortaco Group and Buisard Cabins have joined forces. At the end of 2021, we established a strategic alliance with a minority share of Buisard and today, Fortaco acquired the remaining part of shares and reached 100 per cent ownership. Through this acquisition, Fortaco is further expanding its geographical footprint and position as one of the leading vehicle cabin technology and manufacturing partners in Europe and India. The combined net sales of our cabin business is more than 200 MEUR, while the total net sales of Fortaco Group is over 450 MEUR, including the impact of the latest M&As Buisard and MauserCABS. Together with our premium brands, Buisard – Fortaco – MauserCABS -Tata AutoComp, we offer high-quality vehicle cabins and technology development to the off-highway equipment OEMs (Original Equipment Manufacturer) worldwide. Fortaco’s vehicle cabin business sites are located in Austria, Finland, France, India, and Slovakia.
Both Fortaco and Buisard have respected and complimentary customer portfolios. The combined cabin offering includes low-, medium-, high-volume cabins with assembly content from glazed to full plug-and-play cabins.
“Fortaco acquired a minority share of Buisard at the end of 2021. Our collaboration has developed very positively, we have received new business from our joint customer portfolio. Our collaboration between the teams is excellent, and synergies are numerous. I am very pleased to take the next step to fully integrate the Buisard team into Fortaco’s vehicle cabin business. Jean-Guy Cocaign, President & CEO for Buisard takes the business development leadership of Fortaco’s cabin business to enhance our global position as one of the leading vehicle cabin manufacturers. We have great teams, broad know-how, and a sustainable future as one leading international team”, says Lars Hellberg, President & CEO for Fortaco Group.
“With over 80 years of history and continuous growth, Buisard is now entering a new era. I feel very excited and committed to working with Fortaco and developing the vehicle cabin business to be the leader in the world. This new international span provides our global customers with optimized design and manufacturing solutions for best-in-class cabins. For our employees and suppliers, this is an exciting new challenge”, says Jean-Guy Cocaign, President & CEO for Buisard Cabins.
Transaction has been closed on 24.10.2023.
For more information
Lars Hellberg Jean-Guy Cocaign
+358 40 572 9488 +33 2 43 62 72 50
lars.hellberg@fortacogroup.com jg.cocaign@buisard.fr
Fortaco Group
Fortaco is the leading brand independent strategic partner to the heavy off-highway equipment and marine industries offering zero emission solutions, technology, assemblies, vehicle cabins, and steel fabrications. Fortaco Group has operations in multiple European and Asian Business Sites and Technology Hubs, which are supporting our global customers.
Buisard
Buisard is the leading independent cabin specialist for low, medium, and high-volume cabins. With robotized welding and painting lines, Buisard produces over 120 cabins daily with a net sales of over 65 MEUR.