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

DSV completes Panalpina acquisition thumbnail image

DSV completes Panalpina acquisition

August 19 - DSV has completed the acquisition of Swiss freight forwarder Panalpina, creating one of the world’s largest transport and logistics companies.
Views: 330
Pretty in pink for TGP thumbnail image

Pretty in pink for TGP

August 16 - Trans Global Projects Group (TGP) has delivered 62 modules to a mining site near Newman, Australia.
Views: 679

Heavy Lift Across The World

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