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Acquisition


Herc Holdings to Acquire Cloverdale Equipment Company

Herc Holdings, a North American equipment rental supplier operating through Herc Rentals, entered a purchase agreement to acquire Cloverdale Equipment Company. The transaction, which is subject to customary closing conditions and regulatory approvals, is expected to close in Q2/22....


US Service Group Acquires Walker Crane & Rigging of Plainville, Conn.

US Service Group (USSG), a New York based industrial services company, has acquired Walker Crane & Rigging Corp. of Plainville, Conn. Established in 1883, Walker is one of the premier crane, rigging and transportation operations in Connecticut providing rigging and logistics solutions to a diverse client base throughout the United States....


Wilder Equipment Becomes Part of Employee-Owned Parman

Parman, an employee-owned company since 2015, has acquired Wilder Equipment to add to the diverse collection of Parman companies. The Parman name, which has been synonymous with premium petroleum products and reliable service in middle Tennessee since the mid-1930s, was established by Bates Parman with the opening of Parman Oil....


Belgium-Based SMT Acquires Texas-Based ROMCO Equipment Co.

SMT, a distributor and after-sales partner for the equipment and transport industry based in Brussels, Belgium, is expanding its network into the United States with the acquisition of ROMCO Equipment Co....


Empire Tractor Acquires Walldroff Farm Equipment

New Holland and Kubota dealer Empire Tractor has signed an agreement to acquire Walldroff Farm Equipment in Watertown and Canton, N.Y. "We are pleased to have the opportunity to continue the legacy that the Walldroff family has built over the past 50 years," said Tim Cal, president of Empire Tractor....


Bay Crane Acquires Capital City, Extends Its Midwest Reach

The Bay Crane Companies Inc., a provider of specialty crane and rigging equipment services in the northeastern United States, announced the acquisition of Capital City Group Inc. The transaction results in Bay Crane ranking in the top 10 largest crane service companies in North America and operating from 15 full-service locations....


Montabert Announces Plans to Acquire U.S., Canadian Distributor Tramac

In a move designed to support customers by maintaining key distributor networks and opening doors for expanded product access and collaboration, Montabert, a standalone hydraulic rock breaker business owned by Komatsu, announced it has entered into an agreement with Tramac to acquire 100 percent ownership of the distributor's U.S....


Bay Crane Acquires Gatwood Crane as Part of Expansion

The Bay Crane Companies Inc. , the largest provider of specialty crane and rigging equipment services in the northeastern United States, announced it has acquired Gatwood Crane Rental Service Inc. "Ed and his family have built a very successful business with a great reputation," said Kenneth Bernardo, CEO of Bay Crane....


Doosan Infracore Veep Talks Company's Acquisition, Future

When Hyundai Heavy Industries announced the acquisition of Doosan Infracore in August of 2021, it ended speculation about where control of the Doosan brand would land. At the same time, it left some unanswered questions for the industry at large, most notably for Doosan's end users, its distributors, and its competitors....


HeidelbergCement Accelerates Growth in Core Markets

HeidelbergCement announced that its North American subsidiary, Lehigh Hanson, has finalized the acquisition of Corliss Resources Inc., one of the largest, family-owned aggregates and ready-mixed concrete companies in the Pacific Northwest....







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