CMA blocks merger between Cargotec and Konecranes
The UK Competition & Markets Authority (CMA) has blocked the merger between Cargotec and Konecranes. Thus, Cargotec and Konecranes have decided to cancel the planned
Groupe Plissonneau acquires Montagrues
Martinique-based Groupe Plissonneau has acquired Paris-based mobile crane rental company Montagrues. Montagrues is based in the suburb of Gennevilliers and runs a fleet of around
Herc acquires Cloverdale
US-based Herc Rentals has agreed on the acquisition of Detroit-based rental company Cloverdale Equipment. Details of the transaction have not been disclosed but the deal
Axel Johnson’s Lifting Solutions Acquired Lifting Gear UK
Lifting Solutions, a business group within Stockholm based Axel Johnson International, has strengthened its presence in the British rental market through the acquisition of Lifting
P&J Arcomet rename as Uperio USA
US-based tower crane rental company P&J Arcomet has changed its name to Uperio USA. The company has been a wholly-owned subsidiary of French tower crane
Alta Equipment acquire Ambrose Equipment of New Hampshire
US-based sales and rental group Alta Equipment is to acquire the assets of Ambrose Equipment of New Hampshire. Ambrose Equipment specialises in the sale and
CraneWorks to Acquire Midwest Crane Repair in St. Louis
CraneWorks, Inc., North America’s premier crane sales, service, parts, and rental dealer, is excited to announce the acquisition of Midwest Crane Repair, LLC. When the
Palfinger acquires TSK Kran
Palfinger has acquired its German sales and service partner TSK Kran und Wechselsysteme, which operates from Duisburg, in the Rhine Ruhr region. The deal also
TNT acquires JMS Crane & Rigging
TNT Crane & Rigging has acquired the businesses of JMS Crane & Rigging, WM Services Crane & Rigging, and Big Ray’s Equipment. Together referred to
MV Commercial acquires Crane Fruehauf
UK specialist truck and loader crane sales and rental company MV Commercial have acquired trailer manufacturer Fruehauf which has been in administration. MV will reintroduce
Markel Corporation Announces Majority Investment in Buckner
Markel Corporation (“Markel”) (NYSE: MKL) and CBP, Inc. (“Buckner”) announced on Thursday, 19 August, that they have entered into a definitive agreement for Markel to
Ritchie Bros to acquire Euro Auctions
Equipment auctioneer Ritchie Bros is to acquire Euro Auctions in an all-share purchase deal that values the company at £775 million – just over $1
Manitowoc acquires Aspen Equipment
Manitowoc is to acquire the assets of Aspen Equipment, a crane dealer and truck bodybuilder/installer based in Bloomington, Minnesota – due south of Minneapolis –
Trio Industrial Builders Combined By Rotunda
Private equity firm Rotunda Capital Partners has acquired American Equipment, Pacific Crane & Hoist and Allied Crane in the USA. Rotunda has combined them to
Liebherr Part Shares For France Tower Crane Business
Liebherr is selling part of its French tower crane rental business to Hexagone Services. The deal will include all of the tower crane rental operation
TowerBrook new owner for Uperio
UK/US based private equity firm TowerBrook Capital is to acquire tower crane sales and rental group Uperio from its current private equity owners LFPI group,
Wagstaff Crane acquires Bronson
Earlier this year Utah based Wagstaff Crane Service acquired tower crane sales and rental company Bronson Crane from founder Earl Bronson. Both companies are located
Tadano’s Big Move On Future Strategies
Following the exit of its European companies from administration, Tadano has announced the next steps in its plans, with the long term aim to become
BMS & Crane Norway Group Seeks Merger For Scandinavia Market
Stangeland Gruppen and Kraningen Holding AS have signed a letter of intent stating that Kraningen Holding AS will sell its Norwegian crane activities to Crane
Itochu takes stake in BigRentz
US-based rental network BigRentz has finalised $15 million in funding from private investors and a new lead investor, Itochu. The company is using the proceeds
Finnsiirto acquires Simeri
Finnish forklift and telehandler sales and rental company Finnsiirto – backed by private equity firm Folmer Equity Fund II – has acquired aerial work platform
Kiloutou acquires Wiesecker Werkzeugvermietung
French international rental group Kiloutou has acquired German access rental company Wiesecker Werkzeugvermietung. Wiesecker is based in Gießen, near Frankfurt in the heart of the
LiuGong acquires Hertz China
Herc has sold all of its interest in Hertz Equipment Rental China to Chinese crane, access and construction equipment manufacturer LiuGong (Guangxi LiuGong Machinery). No
Uperio acquires Highsparks
Tower crane specialist Highsparks TCS Ltd from Scotland has been acquired by Uperio Group via its subsidiary Skyline Arcomet Ltd. As a subsidiary of Skyline
Nylacast acquires Viva Nylons
One Of UK’s Leading Polymer Solutions Design And Engineering Companies, Nylacast, Has Today Announced It Has Completed The Acquisition Of Nylon Products Manufacturer Viva Nylons.
KHL Group acquires 40% of Blu Coal Recruitment
Global construction information publisher, KHL Group, acquired 40% of one of the fastest-growing construction recruitment consultants, Blu Coal, on 5 February 2020. The terms of
Konecranes completes MHE Demag deal
Port and overhead manufacturer Konecranes has acquired the remaining 50 per cent of its overhead/industrial crane joint venture, MHE-Demag, for approximately €147 million. Established as
Barnhart purchases Viant Crane
Tennessee, USA-based lifting, heavy rigging, and heavy hauling specialist Barnhart Crane and Rigging has announced it is to acquire Viant Crane. Viant provides crane, rigging,
Mammoet completes ALE acquisition
Dutch international heavy lift specialist Mammoet has completed the acquisition of fellow international heavy lifting and transport specialist ALE, effective January 8, 2020. The businesses
Sterling Crane to acquire part of Entrec
Entrec Corporation in Canada has agreed to sell its Canadian crane rental business to Sterling Crane. The two companies signed a definitive agreement for the