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Mammoet signs deal to acquire ALE

Mammoet has signed an agreement to acquire heavy lifting and transport specialist ALE.

Mammoet has signed an agreement to acquire heavy lifting and transport specialist ALE.

Both companies are specialists in engineered heavy lifting and transport for the petrochemical industry, renewable energy, power generation, civil construction and the offshore industry.

The deal is subject to approval by the relevant competition authorities and the two companies will continue to operate independently until approval is gained.

Mammoet CEO, Paul van Gelde, said the company was happy with the agreement.

“Mammoet and ALE complement each other in geographical presence on all continents,” van Gelde said.

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“Together, we have a well-balanced portfolio of activities worldwide. This enables us to improve our service proposition and create synergies, as we are able to mobilise equipment and personnel swiftly anywhere.

“Last but not least, Mammoet and ALE both have a strong legacy in innovations which, once combined, will enable us to grow as a technologically leading player.”

ALE Group Managing Director, Mark Harries, said the two companies share a strong ambition to be leading in the engineered heavy lifting and transport sector.

“Both companies have a strong track record and are renowned for their craftsmanship, innovations and fleet of equipment,” Harries said.

“We both have shaped the profession of heavy lifting and transport through numerous innovations in the past decades. The prospect of the two companies joining forces is very exciting.”

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