June 15 - A strategic alliance has been formed between Rigging International of Alameda, California and the Sarens Group of Belgium, with Sarens acquiring 1000f the former's share capital.
Rigging International will continue to operate under its present name and current management.
The alliance allows the Sarens Group entry into the US market and greater reach internationally. Rigging International's position is similarly strengthened domestically and worldwide.
The Sarens Group, with headquarters in Wolvertem, Belgium, has been active in crane rental, and heavy lifting and special projects since 1955. Sarens operates in 25 countries and has more than 2100 employees.
Rigging International was founded in 1969 and is celebrating its fortieth anniversary this year. RI maintains its world headquarters in Alameda, California and is a major player in the heavy lift rigging and heavy haul transport industry. It has offices in Southern California, New Jersey, Ohio, Montana and Tokyo.