HEWDEN Stuart, the long-standing Wolff distributor for the UK and for many years one of Europe’s leading tower crane rental companies, has quit the tower crane business. It has sold the division to concrete contractor PC Harrington.
The deal was concluded on 1 October 2002. The price was not disclosed, but UK press reports put it in the region of £12m ($18m).
PC Harrington has been a customer of Hewden Tower Cranes for several years and has previously bought about a dozen Wolff tower cranes from Hewden. PC Harrington approached Hewden Stuart earlier this year to discuss taking over its tower crane division.
The merged tower crane business, now called HTC Plant Ltd, has a fleet of nearly 200 cranes, including those on long term lease from MAN Wolffkran in Germany. HTC Plant continues Hewden’s former role as a Wolff distributor.
Owned and managed by Pat Harrington, PC Harrington describes itself as as one of the UK’s market leaders in the design and construction of reinforced concrete.
