Tag: Merger & Acquisitions

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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

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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

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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

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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

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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

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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

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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

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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 –

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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,

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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

Itochu Acquires Bigrentz

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

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

Liugong Buy Hertz China

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 Accquires Highsparks

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

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.

Konecranes Completes Mhe Demag Deal

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 Crane Acquire Viant Crane

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

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

Entrac Corp selling business to Sterling Crane

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