RS Industrial Services acquires ACDC Cranes

Crane management and lifting specialist RS Industrial Services in the UK acquired overhead crane company ACDC Cranes Ltd.

RS Industrial Services completed the acquisition of Sheffield-based ACDC with financial backing from the Foresight Group. It is “the first step of significant geographic expansion plans for the RS Industrial Services Group,” Foresight said.

RS Industrial Services has completed the acquisition of ACDC Cranes. Photo: Foresight Group

ACDC Cranes specializes in 24-hour breakdown support, overhead crane repairs and inspections. Combining the two companies will allow ACDC customers to benefit from the RSIS crane parts supply chain and group resources, while giving RSIS a physical launchpad to introduce its expertise into a new region, Foresight said.

Commenting on the acquisition Mark Cawley, RS Industrial Services CEO, said, “ACDC Cranes is a fantastic business with an exceptional operational profile that aligns perfectly with our core values of safety, rapid response, and technical excellence. We want to thank the staff across the business and look forward to working together.

“With the backing of the Foresight Group, we are not just expanding our geographic footprint; we are combining our engineering expertise to reinforce our position as a market leading service within the UK overhead cranes and lifting industry.”

A new chapter

Nicky Turner, ACDC Cranes founder, said, “Joining the RSIS Group marks an exciting new chapter for ACDC. We are incredibly proud of the strong business we have built and the exceptional team behind it.

“Becoming part of RSIS Group provides ACDC with the scale, resources and expertise to accelerate its growth, while creating new opportunities for the business, our people and customers. Importantly, it will allow ACDC to deliver even greater levels of service and support to our customers.”

On behalf of investment backer Foresight Group Andy Rice, senior investment manager, said, “We are delighted to welcome ACDC Cranes to the RSIS group. ACDC is a high-quality business with an experienced team and a strong customer reputation.

“This acquisition is an excellent strategic fit and demonstrates the strength of RSIS as an acquisitive platform in the crane and lifting sector. We look forward to supporting the ACDC team as part of the wider group and helping the combined business deliver its next phase of growth.”