NCSG to sell B&G to Maxim6 March 2019
Maxim Crane Works (Maxim) and B&G Crane Service (B&G Crane) have entered into an agreement under which Maxim will acquire B&G Crane, an indirect wholly-owned subsidiary of NCSG.
Both Maxim and NCSG have built extensive fleets across North America in recent years, in part through acquisitions of local crane rental and project lift and transport business. NCSG, formed out of Alberta-based Northern Crane Services in 2006, has made a series of investments and acquisitions giving it coverage all along the ‘energy corridor’ from British Columbia down to Texas, almost all to the west of the Mississippi. Maxim’s biggest move into project lifting came in 2015 with the acquisition of Florida-based Crane Rental Corp (CRC). With the acquisition of Louisiana’s B&G, Maxim will further strengthen its presence on the Gulf Coast.
B&G Crane is one of the largest providers of crane rental and related lift solutions servicing the Gulf Coast Region of the United States. Maxim’s acquisition of B&G Crane enhances Maxim's full-service, nationwide crane rental and lifting solutions platform and expands its operations in one of the nation’s most critical regions.
Following the closing, Maxim will begin integrating B&G Crane with its existing operating business. Through Maxim’s coast-to-coast footprint, engineering, operated rentals and heavy haul services, the B&G Crane team and customers will gain access to one of the largest modern fleets of full-service lifting solutions in the world.
Bryan Carlisle, chief executive officer of Maxim, said: “B&G Crane offers one of the most experienced teams of crane professionals in the region. Their state-of-the-art fleet provides customers with a ‘best in class’ brand of products, parts, services and rental equipment. We are confident that the combination of B&G and Maxim will bring added value to our combined customer base, employees and the industry.”