Acrow expanding with acquisition

Acrow Bridge is expanding its operations with the acquisition of Mabey Bridge for an undisclosed sum. With this move, Acrow Bridge is further developing its share of the international market. Based in the US, Acrow Bridge already has a strong presence in the market worldwide, but by acquiring the UK company Mabey Bridge, this will significantly develop global reach. This development follows several months of negotiations between the two companies. “Mabey is a business that we have long thought would be an
May 13, 2019 Read time: 2 mins

Acrow Bridge is expanding its operations with the acquisition of Mabey Bridge for an undisclosed sum. With this move, Acrow Bridge is further developing its share of the international market. Based in the US, Acrow Bridge already has a strong presence in the market worldwide, but by acquiring the UK company Mabey Bridge, this will significantly develop global reach.

This development follows several months of negotiations between the two companies. “Mabey is a business that we have long thought would be an outstanding fit with Acrow,” said Bill Killeen, Acrow CEO. “We have great respect for Mabey and the strong business its team has built, and we are excited to bring together the immensely talented Acrow and Mabey teams from around the globe to drive our businesses to new strata of success.”

Juliette Stacey, Group CEO of Mabey Holdings, Ltd, was equally pleased with the outcome of the negotiations, saying, “Due to our admiration for the strength of competition with Acrow over the years we believe this is the best solution in strengthening the future of both businesses.

Finance & Funding

Related Content

  • Lintec & Linnhoff’s new plans
    December 1, 2020
    Lintec & Linnhoff is unveiling its new market expansion plans after a successful business transformation
    Read More
  • Volvo CE’s electric quarry operation commences trials
    August 29, 2018
    Volvo CE is commencing operations of its low emission quarrying operation in Sweden. The facility has a strong focus on electric machines, with diesel-electric hybrid equipment also being used. According to the firm, this is a world first for a quarry facility that can be run almost 'emission-free'. Volvo CE and its customer Skanska have now commenced testing the viability of the Electric Site concept at Skanska’s Vikan Kross quarry, located near Gothenburg in Sweden. The production system at the site
    Read More
  • Bullish IronPlanet predicts strong sales for 2015
    February 19, 2015
    Auction operation IronPlanet says that 2014 has proved to be a strong year for its business development. The company has grown significantly since it began as an idea in a Harvard Business School working group, which suggested an online auction business to buy and sell machines. And six years from its move to expand into EMEA, the company says it has sold over US$ 3 billion worth of used equipment worldwide.
    Read More
  • Bullish IronPlanet predicts strong sales for 2015
    January 6, 2017
    Auction operation IronPlanet says that 2014 has proved to be a strong year for its business development. The company has grown significantly since it began as an idea in a Harvard Business School working group, which suggested an online auction business to buy and sell machines. And six years from its move to expand into EMEA, the company says it has sold over US$ 3 billion worth of used equipment worldwide.
    Read More

Highlighted Content