All Mergers & acquisitions Articles

Columbus McKinnon to acquire Kito Crosby
Giants of the industrial lifting and rigging equipment industry to join forces in $2.7 billion deal
Crane market: In motion
Understanding regional dynamics in the global construction equipment industry
Manitowoc’s MGX Equipment Services acquires select crane assets of Ring Power Corp.
The acquisition will expand Manitowoc’s footprint with new and used crane sales, aftermarket parts, service and remanufacturing support in Georgia, North Carolina and South Carolina. 
Hyva cranes group acquired by Jost
Loader cranes, hydraulics and materials handling group acquisition completed by Jost
Capital Extension acquires Clark Crane
Clark Crane founder Clark Elliot said he is proud of what his team has achieved in and around the Nashville market
Wilkerson acquires Ideal Crane
Wilkerson’s acquisition of Ideal Crane Rental will expand the company’s footprint in the Central United States
Tadano completes Manitex International acquisition
The acquired product line includes Manitex mobile truck cranes, PM knuckle boom cranes, Valla small electric cranes, and Oil & Steel aerial work platforms
Konecranes acquires Peinemann subsidiaries
Industrial and port crane manufacturing group Konecranes has closed its acquisition of Rotterdam-based Peinemann Port Services BV and Peinemann Container Handling BV.
Denzai acquires Daiei in Japan
Another lifting, transport and construction acquisition for Denzai in Japan
ICm20 2024: Crane manufacturers returned to growth
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A welcome return to growth this year follows two years of decline in the combined total sales of the top 20 crane manufacturers in the world
Cargotec sells MacGregor
Crane and materials handling group Cargotec has agreed the sale of its offshore crane and deck equipment business
Tadano to acquire IHI crane and handling equipment business
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Crane and aerial platform manufacturer almost doubles its product range with latest acquisition
Stellar Industries purchases manufacturing company
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The company has announced the strategic acquisition of Elliott Machine Works.
Superior Rigging buys Heaton Erecting
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Georgia, USA-based Superior Rigging has purchased the crane rental, rigging and transportation company. 
Black Phoenix Group acquires PACCAR Winch
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The Black Phoenix Group (BPG) is a private investment firm dedicated to investing in American businesses.
ML Crane and Winslow now under CSI name
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The ML Crane Group and Winslow Crane have been consolidated as Crane Service Inc
Revisiting the most impactful acquisitions of 2024 so far
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From Barnhart’s multiple purchases to TFI International’s billion-dollar acquisition of Daseke, these developments signal a year of significant change.
ACT EXCLUSIVE: Scott-Macon acquired by Allegiance Crane
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Scott-Macon Equipment will serve as the bare rental and equipment distribution arm of Allegiance Crane & Equipment. 
Rapid growth at Hüffermann
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Huge expansion at German mobile and tower crane service provider in last decade
ITI acquired by Interplay Learning
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ITI has been been recognized with crane and rigging industry association awards for its virtual reality crane simulator solution
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