Latest news from Heavy Lift & Project Forwarding International Magazine

Mammoet to acquire ALE

Mammoet has confirmed that it has signed an agreement to acquire UK-based competitor ALE.

On July 8, HLPFI broke the news that Mammoet was in advanced talks to acquire the UK-based transport engineering specialist.

Closing of the transaction is subject to approval of the relevant competition authorities.

Paul van Gelder, ceo of Mammoet said: “We are very happy with this agreement. Mammoet and ALE complement each other in geographical presence on all continents. Together, we have a well-balanced portfolio of activities worldwide.

“This enables us to improve our service proposition and create synergies, as we are able to mobilise equipment and personnel swiftly anywhere. Last but not least, Mammoet and ALE both have a strong legacy in innovations which, once combined, will enable us to grow as a technologically leading player.”

While consolidation has been a common feature of the multipurpose shipping sector for many years, this would be the first time a merger of this scale has taken place between specialised transport engineering firms.

A joint Mammoet-ALE entity would result in an organisation that HLPFI estimates to be almost double the size of its nearest competitor, Sarens.

Stay tuned for more information.

www.ale-heavylift.com

www.mammoet.com

 

Heavy Lift | News

Cory moves to Ipswich office thumbnail image

Cory moves to Ipswich office

October 18 - UK-headquartered Cory Brothers has relocated its office in Felixstowe to Ipswich town centre.
Views: 347
ALE executes pit move thumbnail image

ALE executes pit move

October 18 - ALE has lifted and transported a sulphur storage facility for the Lindsey Oil Refinery in the UK.
Views: 301
Bichowski joins AMT thumbnail image

Bichowski joins AMT

October 18 - Switzerland-headquartered logistics and supply chain specialist AMT has appointed Frank Bichowski as its chief commercial and operations officer.
Views: 396

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.