M&A Deal Summary

Alimak Group Acquires Tall Crane Equipment

On July 18, 2022, Alimak Group acquired business services company Tall Crane Equipment for 215M SEK

Acquisition Highlights
  • This is Alimak Group’s 1st transaction in the Business Services sector.
  • This is Alimak Group’s 5th largest (disclosed) transaction.
  • This is Alimak Group’s 1st transaction in Canada.
  • This is Alimak Group’s 1st transaction in British Columbia.

M&A Deal Summary
Date 2022-07-18
Target Tall Crane Equipment
Sector Business Services
Buyer(s) Alimak Group
Deal Type Add-on Acquisition
Deal Value 215M SEK

Target

Tall Crane Equipment

Langley, British Columbia, Canada
Tall Crane Equipment is a licensed elevator contractor, providing hoist and crane rentals, qualified licensed personnel, and repairs and maintenance on site and off-site. Tall Crane Equipment was founded in 1980 and is based in Langley, British Columbia.

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Buyer(S) 1

Buyer

Alimak Group

Stockholm, Sweden
Category Company
Founded 1948
Sector Machinery
Employees2,959
Revenue 7.1B SEK (2023)
DESCRIPTION

Alimak Group is a manufacturer and supplier of elevators, platforms and after-market service for the industrial and construction sectors. Alimak Group was founded in 1948 and is based in Stockholm, Sweden.

DEAL STATS #
Overall 5 of 7
Sector (Business Services) 1 of 1
Type (Add-on Acquisition) 5 of 7
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2022) 1 of 3
Size (of disclosed) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-05 Avanti Wind Systems A/S

Hillerod, Denmark

Avanti Wind Systems A/S is a manufacturer and distributor of lifts, ladder systems, fall protection and safety equipment as well as related service for the wind turbine industry.

Buy €91M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-02 Tractel

Foetz, Luxembourg

Tractel provides lifting and access-related products. This includes lifting, material handling, measurement of tension and loads, suspended working platforms, building maintenance installations and fall arrest safety equipment. Tractel was founded in 1941 and is based in Foetz, Luxembourg.

Buy €500M
Mergr

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