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Press Release

Bigge Purchases U.S. Alimak Operation

Sep 20 2016

Press release

 

September 20, 2016

                    

Bigge Purchases U.S. Alimak Operation

Alimak Group, the global vertical access solution company, announces that it has entered into an agreement to divest its US Rental business with base in Atlanta, USA, to Bigge Crane and Rigging.

Bigge is excited to continue expanding our Tower Crane & Hoist offerings to our customers throughout the U.S. Since 2013, Bigge has more than doubled its hoists for rent and sale to more than 100.

Bigge has the Alimak SCANDO 650 and 450 single-car and dual-car hoists available for sale and rental. These hoists are flexible, durable and accessible. The new generation designs are easy to operate and offer safety, reliability and flexibility for passengers and materials on your job site.

Alimak Group operates a rental business in the US, whose origins predate the merger between Alimak and Hek in 1999. The US Rental business has been operated as a separate unit, while its US parent company has been focusing on product sales and after sales supporting the entire product portfolio in the US and Canada.

“Bigge is excited to integrate Alimak’s US Rental business to our growing construction hoist operation. Bigge has an extensive network of locations and expertise in rental of construction hoist and related equipment, and this addition is consistent and synergistic with our core business. Bigge has had a long term strategic partnership with Alimak, and Alimak’s product is central to Bigge’s existing fleet of construction hoist and related equipment,” says Weston Settlemier, CEO of Bigge Crane and Rigging Co.

“The divestment is a logical step in Alimak Group´s strategy of growth in its core business as it allows our US operation to fully focus on further expanding our broad offering of products and aftersales services in North America. Bigge is one of America´s premier global crane companies and since long, a valuable customer to Alimak. They have a vast experience of working with Alimak equipment and I feel confident that our existing rental customers will see benefits from having a new owner” says Tormod Gunleiksrud, CEO of Alimak Group.

With one of the largest, most diverse crane and hoist fleets in the U.S. and an industry-leading safety record, Bigge provides expert turnkey services with engineered project support from start to finish. Currently ranked #2 on the American Cranes & Transport Tower Crane 50 list with one of the highest lifting capacity fleets in North America, Bigge owns and maintains a growing fleet of over 100 tower cranes, including all the top brands and latest models.

Alimak Group´s Rental business area provides rental services on Alimak´s construction hoists and platforms to customers in four key markets: France, Benelux, Germany and Australia as well as offers sales of Alimak´s used construction equipment.

The divestment will be subject to customary regulatory approvals and is expected to close before year end 2016.
 

For further information:
Tormod Gunleiksrud, CEO of Alimak Group, Phone: +46 8 402 14 00
Sofia Wretman, Head of Communications & IR of Alimak Group, Phone: +46 8 402 14 47

Thom Bostrom , Sr. Vice President, (510) 639-4054
Patti Moran, Marketing Director, (510) 639-4097

About Bigge

Bigge in 2016 is celebrating its 100th anniversary as one of America’s premier crane sales, crane rental, and project services companies. Bigge provides heavy lifting, heavy rigging, specialized transportation, equipment, and innovative engineering solutions for some of the most challenging projects across the U.S. Bigge currently owns and maintains one of the largest inventory of new and used cranes for sale in the U.S. and globally. www.bigge.com

About Alimak Group
Alimak is a global market leader and pioneer in designing, developing, manufacturing, distributing and servicing industrial vertical access solutions. The company provide high quality hoists, elevators and platforms primarily for the industrial and construction sectors. Alimak has a global sales, services and distribution platform across more than 70 countries with strong market positions. The company has a well-established and highly resilient aftersales business and its large global installed base of ca. 22,000 units provides unique know-how into its customer’s needs. Alimak was founded in 1948, is headquartered in Stockholm and employ over 1,200 people across the world. The Group had revenues of over 2000 MSEK in 2015. www.alimakgroup.com

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