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Maxim Crane Works has completed the acquisition of tower crane assets from a wholly owned subsidiary of Sims Crane & Equipment Co.
The acquisition supports Maxim’s ongoing strategy to refresh its fleet, expand product offerings and strengthen its presence in the tower crane market.
“We are thrilled to partner with Sims to complete this asset acquisition," said Paul McDonnell, Maxim’s CEO.
"This acquisition strengthens our commitment to delivering top-quality crane solutions and further expands our capabilities in the tower crane market,” he added
“We are pleased to announce the sale of Sims Crane & Equipment’s Tower Crane fleet. This strategic decision allows us to focus our operations on applications within the industry that align closely with our mission and objectives," Deborah Weber, CEO and president of Sims Crane & Equipment Co., Inc., said.
"By streamlining our operations, we aim to enhance our service offerings and better meet the needs of our valued customers. We truly appreciate the cooperation and professional approach of Maxim Crane Works, L.P., in working with us to accomplish this transaction.”
Maxim’s acquisition continues its broader effort to deliver enhanced value to customers while expanding its footprint in specialized crane services.
