All Mergers & acquisitions Articles

Permission granted for sale of Mammoet Russia
The sale of Mammoet Russia to a Chinese buyer has been officially permitted by Russian President Vladimir Putin
Cranes Inc acquired by Bay Crane
Bay Crane further expands in the New York City and region with its third acquisition in just over a year
Bay Crane expands fleet with crane package
Gatwood Crane Service, a subsidiary of Bay Crane, purchased 43 cranes and other related equipment from Chellino Crane, a subsidiary of ML Crane Group. 
Crosby Group and Kito merger completed
The new entity, under the name Kito Crosby, brings together two companies with complementary geographic footprints and product portfolios
What are the top crane stories of 2022?
ICST looks back at some of the biggest stories of the year
Bishop Lifting acquires rigging business
New acquisition expands company’s footprint in the USA
Bishop Lifting buys Certified Slings
The acquisition of Certified Slings also includes their group of companies with Bubba Off-Road Recovery Gear, Academy Training Center, Secured Global and Florida Wire & Rigging.
US Service Group purchases Dalton Rigging
USSG has acquired all of the assets and operations of Dalton Rigging and Transport, of West Hartford, CT.
Mazzella Companies acquires Page Wire Rope
Effective immediately, Page Wire Rope & Slings, Inc. will operate as Mazzella Page Wire Rope.
New owner for Indian crane maker TIL
Plan for Indocrest Defence Solutions, part of Gainwell Group, to take over Tractors India Limited
United Rentals to buy Ahern Rentals
Ahern acquisition will cost United US$2 billion
Cargotec to divest offshore handling business
MacGregor business will be sold but not immediately
American Equipment acquires Systems Specialties Inc.
The purchase of Systems Specialties marks the 13th add-on acquisition completed by American Equipment since partnering with Rotunda in May 2021.
New investment for Extreme Crane
USA-based crane and rigging services company sells majority ownership stake
Bishop Lifting purchases Oregon-based Westech Rigging
Bishop Lifting Products has completed the acquisition of Westech Rigging Supply, with locations in Eugene and Salem. 
Alimak Group closes acquisition of Tall Crane
Swedish access company closed the acquisition of Tall Crane Equipment, a Canadian provider of hoist and crane rental services and Alimak customer
Ares Management purchases Atlas Crane
Ares Management has acquired a controlling interest in the crane rental company.
Bishop Lifting acquires All-Lifts, Inc.
New York-based All-Lifts marks Bishop’s eighth acquisition since 2012.
Altrad completes Sparrows acquisition
Acquisition strengthens Altrad’s renewables offering
Latest mergers and acquisitions in cranes and specialized transport
ICST rounds up the latest mergers and acquisitions in cranes and specialized transport
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