Marmon Crane Services, a Berkshire Hathaway company, has announced the acquisition of Wollongong-based, family-owned WGC Crane Group by a newly created subsidiary Marmon Crane Australia. Financial terms were not disclosed.
WGC’s fleet includes a variety of mobile cranes used for industrial maintenance, construction and other projects.
The Marmon Group is an international association of more than 125 autonomous manufacturing and service businesses with collective revenues of approximately US$7 billion (A$9.23 billion). In 2012, Marmon acquired Freo Group.
“We are excited to welcome WGC and its employees to Marmon’s global portfolio of crane businesses,” said John Roberts, Marmon Crane Services president.
“WGC is a strong, successful company and we look forward to its continued growth.”
WGC Crane Group will continue to operate under their name and former managers Marc Sergi and Rob McInnes will continue to lead the company, with oversight by management of Freo Group.