Bay Crane acquires Mid-Atlantic crane operations of ML Holdings

The Bay Crane Companies has purchased two crane service companies in the Mid-Atlantic region from ML Holdings (ML): United Crane & Rigging and Crane Rental Company.

Photo: Bay Crane

This acquisition adds to Bay Crane two full-service locations, Baltimore, MD and Capital Heights, MD, along with a fleet of 88 cranes and hoists and almost 200 trucks, trailers and other support equipment.

“Both these companies have over fifty years of proud history serving the Mid-Atlantic market,” said Kenneth Bernardo, president and CEO, Bay Crane Companies. “We are pleased that they will be joining the Bay Crane Companies and welcome everyone on the team. The Mid-Atlantic market is very strategic to Bay Crane, being located just south of our New Jersey operations. These platform businesses will help to expand Bay Crane as a premier crane service provider in the northeast corridor from New Hampshire to Virginia.”

The company said they are already seeing immediate benefits from the combination, as the team moves larger crawler cranes and other high-capacity and specialized equipment into the market. 

“When ML decided to focus its crane business exclusively in the Mid/Southwest markets we knew we needed to find the right buyer for United Crane and Rigging and Crane Rental Company,” said David Matz, president, ML Crane and ML Holdings Company. “While we’re sad to part ways with all the great people at these companies, we can’t think of a better partnership for them than The Bay Crane Companies. We look forward to the continued success of the expanded Bay Crane and redeploying capital in our core businesses.”