Tractel, a global specialist provider of working-at-height safety products and solutions has agreed to acquire Scanclimber Oy, a Finland-based provider of mast-climbing work platforms. Terms of the acquisition were not disclosed.

Scanclimber supplies rack-and-pinion vertical access products to more than 250 clients in Europe, North America and Asia. It has 225 employees, operates a production facility in Poland, and sells its products through a global network of distributors and sales agents. Industry forecasts expect MCWP products to be used increasingly as an alternative to traditional scaffolding as construction methods increasingly take into account workers’ health and safety. Scanclimber is well-positioned to benefit from this trend, the company said, because of the quality of its products and customer satisfaction scores.

The acquisition is an excellent strategic fit for Tractel, a global leader in vertical access solutions based on hoist-powered suspended platforms. The acquisition adds a wide range of rack-and-pinion ascending platforms to Tractel’s product offering. The acquisition will also strengthen Tractel’s Nordic presence by adding a strong set of Nordic customers and a local management team.

Since acquiring Tractel in October 2015, international private equity firm Cinven has supported an ambitious acquisition strategy with the purchase of Safety Products Group, Knot and now Scanclimber.

“Scanclimber represents a strategic and synergistic move for Tractel,” said Tractel CEO Philippe Gastineau. “The transaction offers the opportunity for Tractel to grow in the attractive mast climbing work platforms and the rack-and-pinion hoist segments. It will also strongly increase the group’s presence in the Nordics. We are looking forward to working with Eerik Nousiainen and the rest of the Scanclimber management to integrate the company within Tractel and build on each other’s strengths.”

Tractel is based in Luxembourg. Scanclimber is headquartered in Pirkkala, Finland.