The Derco Group will now represent the still Montacargas brand.
Lina María Guevara Benavides
Becoming one of the leading players, in terms of market share, of the local industrial machinery business is the goal of the Derco Colombia company. For this reason, the firm made official the acquisition of the operations of Mhels Ltda., A company that was founded in 2008 and that, to date, was representative of the Still brand in Colombia.
According to the company, with this acquisition Derco becomes the main importer and distributor of vehicles, machinery and spare parts in South America. In addition, the purchase will allow it to increase its participation in the machinery market by 2.8% (with Dercomaq), which will allow it to operate 20% of the business at the end of the year and place 300 new units in the local market, Claudio Echeverria said. , manager of Dercomaq, a company of the Derco Colombia group.
“Concern for clients and a sense of urgency to serve them in the best way are values shared by both companies and will undoubtedly be the basis of our development in the Colombian market,” said Echeverria.
Derco also specified that this purchase will allow it to consolidate itself as the most important supplier of the Mhels brand in the region, as it leaves it as its official representative in Chile, Peru, Bolivia and now in Colombia. In addition, Mhels will complement a machinery sales and rental portfolio that already has brands such as Komatsu and Hangcha in the combustion segment. The company also participates in the markets: agricultural, construction, automotive and spare parts representing JCB, Valtra, Suzuki, Citroën and DS.
According to the firm, Mhels’ clients will now have Derco’s support nationwide.