CraneWorks to acquire Midwest Crane Repair in St. Louis on January 4
Midwest Crane Repair to retain all management and staff CraneWorks, Inc. has announced the acquisition of Midwest Crane Repair, LLC. When the deal officially closes on January 4, 2022, Midwest Crane Repair will be rebranded as CraneWorks St. Louis and become the company’s ninth nationwide location. Founded in 2002, CraneWorks consistently expanded its offerings and footprint in all things lifting. Midwest Crane Repair has operated in...
Ducommun Incorporated acquires Magnetic Seal Corporation
Market leader of Proprietary Magnetic Seals for critical A&D Applications strengthening the company’s position in niche engineered products Ducommun Incorporated announced that it has completed the acquisition of Magnetic Seal Corporation (“MagSeal”), based in Warren, Rhode Island. Founded in 1954 by George E. Colby and Robert L. Stevenson, MagSeal revolutionized the mechanical seal industry with the introduction of its...
Alta acquires Michigan’s Ginop Sales
Alta Equipment Group Inc., (“Alta”) announced that it has entered into a definitive agreement to acquire the stock of Ginop Sales, Inc., a privately held equipment distributor with three locations in Northern Michigan. This acquisition expands Alta’s construction equipment footprint to ten locations in Michigan and expands its relationship with a leading OEM. Established in 1959, Ginop is an elite Kubota dealer and a trusted source...
Alta acquires Ambrose Equipment
Alta Equipment Group Inc., just announced that it has entered into a definitive agreement to acquire the assets of Ambrose Equipment, LLC., a privately held equipment distributor and the Northeast’s premier asphalt equipment dealer for more than 33 years, with locations in New Hampshire and Massachusetts. The acquisition expands Alta’s construction equipment footprint to 39 locations in 10 states. Based in Hooksett, New Hampshire, the...
Concentric LLC acquires Virginia battery provider Weldex Sales
Concentric, LLC, a national provider in DC power management and on-site maintenance for the material handling and critical power industries, has acquired Weldex Sales, the largest battery provider in the state of Virginia. Best known for their commitment to sustainability through their Environment and Safety divisions, Weldex Sales is also a certified, women-owned business. This acquisition strengthens Concentric’s footprint in...
The Crosby Group acquires Airpes
Innovative lifting, handling, and weighing solutions for the Wind Energy & Industrial markets The Crosby Group, a global provider in lifting, rigging, and load securement hardware, today announced that it has acquired Airpes Sistemas Integrales de Manutencion Y Pesaje S.L. (“Airpes”). Airpes, based in Barcelona, Spain, is a provider in developing and manufacturing innovative lifting, handling, and weighing solutions for customers...
Columbus McKinnon expands Conveying Solutions Platform with acquisition of Garvey Corporation
Columbus McKinnon Corporation, a designer, manufacturer, and marketer of intelligent motion solutions for material handling, just announced that the Company has completed its acquisition of Garvey Corporation (“Garvey”) to complement its April 2021 acquisition of Dorner Mfg. Corp (“Dorner”). Garvey is an accumulation systems solutions company providing unique, patented systems for the automation of production processes. Its highly...