Acquisitions

Promise to Perform Industries Inc has acquired all the assets of Transol Corporation. The acquisition includes all of Transol Corporation’s subsidiaries, including Spanco Inc, Rigid Lifelines Inc, and Lug-All Corporation – leading American manufacturers of overhead material handling systems, fall protection systems, and manual cable and web strap come along ratchet winch hoists, respectively. The acquisition […]

Axel Johnson International’s Lifting Solutions business group is expanding its business outside Europe through an acquisition of five lifting companies in Australia – The Rigging Shed, Lifting Victoria, Elevate Lifting & Rigging, Schillings Hoisting Equipment and On Call Lifting, effective August 31. The companies have ten sites strategically distributed across the west, south and east […]

UK-based BlokCorp, a designer and manufacturer of innovative camera and alert systems for tower and mobile cranes, has been acquired by The Crosby Group. BlockCorp’s advanced systems provide crane operators with critical visual and audio capabilities that enable safer and more productive lifting operations. The transaction marks The Crosby Group’s fifth investment since 2019. With […]

The US Time Manufacturing Company has successfully completed the purchase of the Ruthmann Group and in this context, a restructuring of the Ruthmann group of companies also took place. As already reported in mid-February, the Ruthann group of companies was sold to Time Manufacturing Company. Time Manufacturing Company is a global manufacturer of aerial work […]

Bonfiglioli S.p.A, global leader in the design and product of geared and electric motors, industrial and electronic control, drive and automation systems, has acquired Sampingranaggi from Bentivoglio (BO) at auction in Bologna. The purchase was completed on 12 March 2021 for just over €7m. Sampingranaggi manufactures high quality and accurate gears and gearboxes, for industries […]

Columbus McKinnon has executed a definitive agreement to acquire Dorner Manufacturing Corporation (Dorner) from global private markets firm EQT. Dorner is a leading automation solutions company providing patented technologies in the design, application, manufacturing and integration of high-precision conveying systems,. David J Wilson, president and CEO of Columbus McKinnon, said, “The acquisition of Dorner provides […]

Palfinger has signed a contract for the takeover of Equipdraulic in Barcelona, Spain. This acquisition strengthens Palfinger Iberica’s position in the Spanish market and, above all, in Catalonia, a strong industrial region. Equipdraulic, SLU has been distributing the majority of the Palfinger product range in Catalonia since 1999. Founded in 1992, the dealership has 18 […]

Germany based Ruthmann is to be acquired by Time Manufacturing Company (Time). Time is a global designer, manufacturer, and distributor of aerial lifts primarily for the electric utility, telecommunications, infrastructure, and forestry sectors. Time goes to market via several brands, including the Versalift line of aerial lifts and digger derricks, the Aspen Aerials line of […]

Barnhart Crane and Rigging Co. and Days Corporation, of Elkhart, Indiana, has entered into an agreement under which Barnhart will purchase Days Machinery Movers, including all associated personnel and equipment of that business unit. Days Corporation is a respected company in the Elkhart area and will retain and continue to operate the same core services […]

Kito Corporation has completed the additional acquisition of shares in Van Leusden of the Netherlands via Kito Europe GmbH, making Van Leusden a wholly owned subsidiary of Kito. Van Leusden operates mainly in Europe, specialising in customisation technology, particularly anti-corrosion treatment of mainly manually operated hoists, trolleys, cranes and crane components for maritime and other […]