Maxim Crane Works Acquires Tower Crane Fleet from Sims Crane & Equipment Co.
This strategic acquisition continues Maxim's efforts to refresh its fleet, expand its product offerings, enhance its market presence, and deliver even greater value to its customers.
Maxim Crane Works L.P., the U.S.’ leading provider of turn-key heavy lift solutions, is pleased to announce the acquisition of Tower Crane assets from a wholly owned subsidiary of Sims Crane & Equipment Co., a prominent player in the Florida crane market. This strategic acquisition continues Maxim's efforts to refresh its fleet, expand its product offerings, enhance its market presence, and deliver even greater value to its customers.
“We are thrilled to partner with Sims to complete this asset acquisition. This acquisition strengthens our commitment to delivering top-quality crane solutions and further expands our capabilities in the tower crane market," said Paul McDonnell, Maxim’s CEO.
“We are pleased to announce the sale of Sims Crane & Equipment's Tower Crane fleet,” said Deborah Weber, CEO/president of Sims Crane & Equipment Co. “This strategic decision allows us to focus our operations on applications within the industry that align closely with our mission and objectives. 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.”
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.
