All Mergers & acquisitions Articles

Barnhart to acquire Taylor Crane Rental
Barnhart will purchase the St.Louis, MO-based company, including its operated crane rental service and all associated personnel and equipment. 
Cargotec looking to split Kalmar and Hiab
Plan to turn Cargotec’s Kalmar and Hiab divisions into two standalone companies
Deal agreed for Egytrans to acquire NOSCO
Specialized transport service company consolidation in Egypt
Former GE leader acquires Hydra-Slide
Mark Cleland will help usher the company into its next chapter, which involves growing into new markets and launching new products. 
Bishop Lifting acquires safety equipment supplier
The purchase marks Bishop’s twelfth acquisition since 2012 and is the fifth add-on acquisition since Altamont acquired the platform in February 2022. 
Konecranes strengthens US position with Whiting Corp acquisition
Industrial crane manufacturer Konecranes acquires Whiting Corp and its industrial and nuclear crane operations
Lambertsson gets new home within Peab
Crane and general rentals business becomes part of Peab Byggsystem
Sarens returns to 100% family ownership
Sarens family acquires 22 per cent stake from Begoos to regain full control of heavy lifting and transport giant
Palfinger UK expands with THS acquisition
Truck Hydraulic Services Limited acquired by loader crane distributor Palfinger UK
Omega Morgan acquires Walker Brothers Machinery Moving
The addition of the California-based company will provide customers with increased access to industrial services. 
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.
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
Cargotec to divest offshore handling business
MacGregor business will be sold but not immediately
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