Jul. 31, 2022
Alimak Group, Stockholm, has entered into an agreement to acquire 100 percent of the shares in Tall Crane Equipment, Langley, British Columbia, Canada, a hoist and crane rental services provider. Tall Crane Equipment is a licensed elevator contractor, providing hoist and crane rentals, qualified licensed personnel, and repairs and maintenance on site and off site. The company has been a Alimak Construction Division customer for over 30 years and will become part of Alimak Group’s construction division.
“I am pleased to welcome Tall Crane Equipment into Alimak Group,” said Ole Kristian Jodahl, CEO, Alimak Group. “This acquisition reflects our strategic goal of being close to our customers in the markets they operate. We have known this company for many years, and the rental services business will provide a good foundation to expand our new and used product offerings, including the addition of a wholly owned footprint in Canada, this acquisition creates opportunities to further expand both in construction and in permanent industrial equipment, including our parts and services offerings.”
“We are excited about joining Alimak group,” said Tony Violette, partner and CEO, Tall Crane Equipment. “The new ownership gives us the opportunity to continue to develop our business and increase our industry network.”
Closing of the transaction is expected to take place during the third quarter 2022.
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