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

  • Metso looks to develop its international profile following its recent demerger
    March 12, 2014
    Metso CEO and president Matti Kähkönen explained how the company is evolving - Mike Woof reports Finnish crushing and screening specialist Metso is looking to expand its worldwide operations following the recent demerger of the group. CEO and president Matti Kähkönen said that Metso has been a multi-industry business for the last 14 years. The firm’s biggest divisions have been the joint construction and mining division and the pulp and paper business, with its automation sector being the smallest of the
    Read More
  • Chinese manufacturers plan to compete globally
    June 18, 2015
    Chinese construction equipment firms have been building their operations in local markets – but are now looking to develop globally - Mike Woof writes In recent years Chinese construction equipment manufacturers have been able to capitalise on local demand in the home market. The rapid rate of expansion of transport infrastructure, fuelled by government spending, led to a massive need for construction machines. The country’s manufacturers have grown rapidly in size, investing enormously in factory capacity
    Read More
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • Thomas Concrete Group acquires more plants in USA
    May 14, 2015
    The Swedish Thomas Concrete Group has acquired assets of Coastal Concrete, a US company which operates ten concrete plants in Georgia and South Carolina. As a result, the group is strengthening its position in the concrete market across a large region on the US east coast between Atlanta and Raleigh. Coastal Concrete is one of the leading producers of ready-mixed concrete in several major cities along the Atlantic coast of Georgia and South Carolina, and the acquisition will reinforce the group's “already
    Read More

Highlighted Content