The Faymonville Group, the leading full-range manufacturer of special vehicles for heavy load and special transport, sold under the Faymonville and MAX trailer brands, has reached an agreement to acquire majority shares of Morello, a global company based in Turin, Italy. This strategic decision enables the Faymonville Group to expand its range of self-propelled solutions for intralogistics operations.
Faymonville is represented in Ireland by Ashbourne Truck Centre.
Morello is a globally recognised manufacturer of battery driven electric heavy load transport vehicles designed to move heavy industrial loads within the perimeters of industrial plants worldwide. Their electric vehicles transport heavy equipment or semi-finished goods, with payload capacities starting from 5 tonnes. “We are proud and grateful that our technology will become part of the strong offer of the family-owned Faymonville Group. With 80 years of market experience, the Morello name will be maintained and is looking forward to a promising future,” stated Amedeo Morello, representing the family, about this important step for the company.
By acquiring Morello, the Faymonville Group expands its product range of self-propelled vehicles for lighter load classes, optionally equipped with AGV systems, particularly for intralogistics applications and industrial plants. Together with the existing Eco500 and Eco1000 series by Cometto, Morello vehicles now cover the complete spectrum of transport solutions in this field, serving industries such as railway, steel production, the energy sector, nuclear facilities, defence, and many more. The battery driven electric engines of the Morello vehicles integrates perfectly in the existing strategy responding to the increasing demand for emission-free and low-noise working.
The Faymonville Group will integrate its extensive expertise in production processes into Morello’s existing structure. This synergy opens new horizons for the Luxembourg-based manufacturer and strengthens its position as a full-range supplier for special and heavy haulage vehicles. “This strategic acquisition significantly enhances our market position and reinforces our role as a comprehensive provider for specialised transport solutions,” added
Alexander Fickers, CEO of the Faymonville Group. “The discussion with the Morello team were characterised by trust and shared visions. We are excited to welcome Morello as the newest member in our Family”.
