CraneTech completes acquisition of Twin City Crane & Hoist to expand into the West Texas crane market
Acquiring Company
CraneTech
Acquired Company
Twin City Crane & Hoist
StocktonAnthonyManufacturingBuilding MaintenanceManufacturingDescription
CraneTech, a leading provider of industrial crane solutions in the United States, proudly announces the acquisition of Twin City Crane & Hoist. This acquisition marks a significant milestone in CraneTech's expansion strategy, further solidifying its footprint in the Southwest United States and providing even greater value to its customers. The acquisition demonstrates CraneTech's commitment to growth and innovation in the crane and hoist industry.
Quick answer
CraneTech is acquiring Twin City Crane & Hoist, announced April 16, 2024. CraneTech is based in Stockton, California, United States.
- How much did CraneTech pay for Twin City Crane & Hoist?
- The deal value was not disclosed.
- What does CraneTech do?
- CraneTech provides crane installations, inspections, repairs, and training for clients across the United States with 21 offices, 30 service areas, and over 250 employees.
- Where are CraneTech and Twin City Crane & Hoist based?
- CraneTech is based in Stockton, California, United States. Twin City Crane & Hoist is based in Anthony, New Mexico, United States.
- Who are the decision-makers at CraneTech?
- Fundz holds 1 contact at CraneTech. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Twin City Crane & Hoist?
Twin City Crane & Hoist was acquired by CraneTech, based in Stockton. The deal was reported on April 16, 2024. CraneTech provides crane installations, inspections, repairs, and training for clients across the United States with 21 offices, 30 service areas, and over 250 employees. CraneTech is privately held and operates in Manufacturing.
When did CraneTech acquire Twin City Crane & Hoist?
CraneTech's acquisition of Twin City Crane & Hoist was reported on April 16, 2024. CraneTech, a leading provider of industrial crane solutions in the United States, proudly announces the acquisition of Twin City Crane & Hoist. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Twin City Crane & Hoist do?
Twin City Crane & Hoist is a well-established company that has serviced the El Paso, Texas market for over 20 years. It is privately held, operating in Manufacturing, and is based in Anthony.
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