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News Stories (10 Results) - Cranes

Maxim Crane Works, L.P. (“Maxim”) and Essex Rental Corp. (“Essex”) jointly announced that the companies have entered into a stock purchase agreement pursuant to which Maxim will acquire Coast Crane Company (“Coast”), an indirect wholly-owned... Read Story
April 21, 2017, 07:10 AM


SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Essex Crane Rental Corp. in the sale of its core assets to Maxim Crane Works, L.P., a portfolio company of Apollo Global Management ("Apollo"). The sale was effectuated under UCC... Read Story
October 21, 2016, 06:58 AM


Manitex International, Inc., a leading international provider of cranes and specialized material and container handling equipment, announced that it has completed a new credit agreement on July 19, 2016, with The Private Bank & Trust Co., to provide... Read Story
July 27, 2016, 06:58 AM


With the help of Beacon Funding's financing programs, Sandel Cranes, in Long Island, NY, was able to utilize crane financing to advance its business and accelerate their growth. Sandel Cranes financed a 110-ton crane, and also refinanced 2 others... Read Story
July 13, 2016, 06:00 AM


Reuters reported China's Zoomlion Heavy Industry Science and Technology Co Ltd has abandoned its $3.4 billion bid for Terex Corp after failing to agree terms, clearing the way for a smaller deal between Terex and Finland's Konecranes.According to the... Read Story
May 27, 2016, 07:14 AM


Reuters reported Finland's Konecranes has agreed to buy Terex Corp's cranes business for ports and factories for 1.1 billion euros ($1.3 billion), in a move that cancels a planned full merger and allows the U.S. firm to pursue talks with a rival... Read Story
May 16, 2016, 08:00 AM


Terex Corporation and Konecranes Plc  jointly announced that their respective Boards of Directors have unanimously approved a definitive business combination agreement and the resulting all-stock merger of equals. Konecranes and Terex will combine to... Read Story
August 11, 2015, 08:02 AM


The Manitowoc Company announced several management team transitions in line with the company’s long-term succession planning process. Eric Etchart, who has served as president of Manitowoc Cranes for the past nearly eight years, will move to a new... Read Story
January 08, 2015, 07:00 AM


AmQuip Holdings LLC (the “Company”) and Clearlake Capital Group, L.P. (“Clearlake”) announced that Clearlake has completed its acquisition of AmQuip from a consortium of investors including Altpoint Capital Partners LLC. AmQuip is a leading provider... Read Story
October 13, 2014, 06:22 AM


The Manitowoc Company reported sales of $955.7 million for the third quarter of 2012, an increase of 2.2 percent compared to sales of $935.4 million in the third quarter of 2011. The sales increase was primarily driven by a 4.9 percent increase in... Read Story
November 05, 2012, 07:00 AM