Trust in the new chapter

Funds managed by CapMan Buyout have agreed to sell their holdings in Fortaco Group to the private equity firm One Equity Partners.

The acquisition will empower the further development of the current and new offering, including areas to strengthen value creation to customers, and to provide means for further international expansion of Fortaco.

Becoming a member of the One Equity Partners family is something we are very honored about, and it will support our journey in realizing the true potential of Fortaco as the leading business partner of technology, vehicle cabins, steel fabrications and assemblies.

We want to give our best acknowledgement to CapMan for all their strategic support that has enabled the growth created under their ownership. CapMan was one of the initiators in the formation of Fortaco ten years ago.

We are grateful for all our global customers, business partners, and the Fortaco team for the highly qualified performance reached together.

Let us continue to have the way forward.

Read the whole press release here.

Award winning Fortaco team

We are grateful to inform that Fortaco was awarded today with two Supplier Awards on Kalmar’s Supplier Day 2022 in Szczecin:

* Best Delivery Performance
* Best Innovation, concerning a steel structure and technology

We are proud over these recognitions and would like to thank Kalmar for their continuous trust on Fortaco!

Happy Birthday, Fortaco Estonia

The whole Fortaco team is wishing a great and successful 75th birthday of Fortaco Estonia!

We were honoured to have five Managing Director’s from Fortaco Estonia’s timeline to attend the celebration.

Turku Navigate 1-2 June 2022

The Fortaco team will take part in Turku Navigate 2022, a Nordic maritime industry event in Turku, Finland. The event takes place in Turku Fair Center on 1-2 June 2022.

Navigate is an international B2B trade exhibition for maritime, shipping, and shipbuilding professionals. Every other year it brings together the most important players in the industry.

Let’s get propellers rolling together and discuss how we can support your deck machinery business! You can find us on a stand B50.

Read more about the event here

Welcome to Nor-Shipping

Fortaco team will be taking part in Nor-Shipping in Oslo on 4-7 April 2022. The maritime and ocean industries meet every two years to showcase innovations which deliver competitive advantage to their customers. Nor-Shipping attracts thousands of participants and hundreds of world’s leading maritime companies.

Fortaco has a decades of experience in component manufacturing, as well as ready assembled steel structures for leading OEMs in deck machinery, marine engines, and different energy solutions. In 2021, Fortaco expanded its footprint, we have a factory in Gruza, Serbia offering deck machinery and marine cranes. Winches, a-frames, and cranes are products which are familiar to the Gruza team.

We will participate in Nor-Shipping for the first time, you find us in Hall E, stand E02-19.

Welcome to meet our crew on 4-7 April.

Read more about Norshipping here

Russia and Ukraine update

Russia has launched an invasion of Ukraine and we are receiving updated news of escalation and increased military activity around the Donbass area, as well as other parts of Ukraine. Situation is developing rapidly, and its consequences to the business environment are unknown at this moment.

Fortaco does not see an immediate and direct disturbance at our operations in Central-Europe. The direct supply chain consequences are limited. However, we are aware that the Donbass area is an important source of raw material, supplying to many steel producers in our area.

We have Ukrainian workforce at some of our business sites. We will do our utmost to keep our people safe and operational during the crisis.

We are alerted and following the situation very closely. We will continue updating our stakeholders when development occurs. Please do not hesitate to contact your local Fortaco representatives for more information.

In the meantime, we hope everyone remains healthy.

FORTACO BUISARD CABINS - transaction closed

On December 14, 2021 we announced a strategic alliance, Fortaco Group and Buisard Cabins have joined forces and established the Fortaco Buisard Cabins entity within Fortaco Group.

We are happy to inform, the transaction has been closed on 4 January 2022.

Season's Greetings

Dear customers, business partners and colleagues,
We want to thank all of you for a good collaboration
in the extraordinary year 2021.

Fortaco team is wishing you a Peaceful Christmas Time
with your nearest ones and a Successful Year 2022.

Stay safe
Fortaco Team

Offering scope increased

Great developments continue, Fortaco has acquired a paintshop in Janow Lubelski, Poland. Both the plant and related machinery are included and they have been acquired from Alucrom, with whom we have cooperated since 2014.

The paintshop facility of 2.000 m2 was built in 2014 and it is located next to our existing factory in Janow Lubelski. Employees will be transferred to Fortaco. The transaction was signed on 20.12.2021 and the transfer of ownership is planned to take place on 31 March 2022.

We are confident that the control of the complete value chain will be highly beneficial in our business environment, and with this acquisition we will increase our scope of offering for new and existing customers. We want to thank Alucrom for the great cooperation during these years and throughout the acquisition process.

Read our press release here

Honoured guests in Narva

Fortaco Estonia had a pleasure to welcome Mr. Alar Karis, President of Estonia, to the factory visit last week.

During his visit Mr. Karis was introduced to the latest development and extension of Fortaco operations in Narva, recent investments, demolition site and training center.

Larissa Shabunova, Managing Director of Fortaco Estonia, introduced the factory. Good discussions around the present market challenges were brought up, and also actions connected with finding and growing talented workforce.

Fortaco Estonia has trained more than 150 people this year, thanks to the dedicated work of the team. The factory has also invested greatly in new machinery, and a new welding robot.

President also visited power plants is Narva and discussed the prospects of Estonian energy sector with the management of Eesti Energia.