Boom Logistics buying again

Premium Content

25 April 2008

Australian crane rental major Boom Logistics has completed its 15th acquisition in six years after completing an AUS$60 million (US$45 million) deal for the James Group.

Boom CEO Rod Harmon said the deal included the James Equipment business, which specialises in the sale of used mobile cranes and holds a licence to sell new Tadano cranes in Australia. Harmon said that the crane sales business “added a further vertical integration to Boom's operations, which will enable the company to offer its customers a more comprehensive and streamlined service.”

The James Group operates a dry hire fleet of 70 mobile cranes from depots in Victoria, Western Australia and Queensland. Turnover last year was AUS$44 million (US$33 million).

Brendan James, general manager of the James Group, will continue to manage the business and join the Boom executive team.

First expert speaker announced for power transition webinar
Moog Construction’s Dr Nate Keller to join panel for February 17 event
Is total cost of ownership now the real measure of equipment value?
As sustainability pressures, technology and rising operating costs reshape construction economics, contractors are looking beyond purchase price to understand what machines truly cost over their lifetime
How Donaldson is putting the seal on innovative filtration
When you’re working with machinery, uptime is money – so why allow downtime on a jobsite to be triggered by something as unglamorous as an air filter?