MacGREGOR to acquire Platform Crane Services

MacGREGOR has signed an agreement to acquire Platform Crane Services International (PCS).

Offshore staff

HELSINKI, Finland -- MacGREGOR has signed an agreement to acquire Platform Crane Services International (PCS).

PCS was established in 1983 and has offices in Lafayette, Houston, and Del Carmen. The company's net sales in 2007 were $16 million and it employs 105 persons. PCS specializes in the service, repair, and maintenance of marine and offshore cranes with an emphasis on Gulf of Mexico installations. The product and service offering also includes inspections, load testing, and installations.

"With the global recognition of MacGREGOR as the market leader in marine cargo handling solutions, PCS will be able to tap on the technological expertise, market presence, and extensive global service network to expand further and provide better solutions to our customers," says Ryan J. Richard, president of PCS. "By joining the MacGREGOR team, PCS and its loyal employees will be able to grow and reach new heights than previously imagined."

04/10/2008

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