Acquisitions

Guangxi LiuGong Machinery Co., Ltd has acquired the Hertz Equipment Rental Company Limited (AKA Hertz China) from Herc Holdings Inc.  “The sale of our business in China completes the disposition of all of our international operations to better focus on the North American market,” said Larry Silber, president and chief executive officer of Herc Holdings […]

ProLift Rigging, a full-service heavy lifting and rigging company, has acquired Advanced Riggers & Millwrights (ARM), LLC, a rigging and plant relocation company based in Riverside, California. Former Advanced Riggers and Millwrights owner and CEO Jerry Hufman will continue to lead the team in serving customers across the western United States. The branch will retain […]

The Crosby Group, a global leader in lifting, rigging, and material handling hardware, has completed the acquisition of Feubo, a global leader in offshore mooring components for the oil and gas and wind energy markets. Financial terms of the transaction were not disclosed. The acquisition, effective 14 January 2020, includes the Feubo facility located in […]

Kalmar, part of Cargotec, will supply six fully electric forklift trucks to leading Brazilian logistics operator Sagres. The order was booked in Cargotec’s 2019 Q4 order intake, with delivery of the machines scheduled to take place during Q1 of 2020. The contract includes an option for the purchase of another 16 electric forklifts during 2020 […]

Almac, the Italian manufacturer of mini tracked aerial platforms and crawler scissor lifts has opened a new branch in Australia as well as creating a partnership with United Forklift and Access Solutions Almac reinforced its position in the Australian market with the creation of a new company – Almac Pacific Pty Ltd. The new company […]