MCG to buy Carrydeck line
15 April 2008
Manitowoc Crane Group in the US is buying the Shuttlelift Carrydeck line of industrial cranes from Marine Travelift Inc. Price and terms were undisclosed.
Manitowoc Crane Group's industrial crane product line is sold as YardBoss, a Grove brand. The YardBoss range has been manufactured by Shuttlelift under a supply agreement for two years. In that time the two companies have offered their industrial cranes simultaneously.
MCG will continue selling the Shuttlelift Carrydeck crane line through its existing dealers, while also selling its YardBoss cranes line through the Grove dealer network, said Dave Birkhauser, senior vice president, sales for MCG Americas.
Marine Travelift will continue manufacturing the Carrydeck and YardBoss cranes until the end of 2007 when MCG will assume responsibility for their manufacture.
“This agreement will benefit the customers of both Shuttlelift's Carrydeck products and Grove's YardBoss industrial cranes as the two leaders in this market come together,” said John Wheeler, executive vice president for Manitowoc Crane Group Americas. “Carrydeck customers will benefit from Grove's 60 years of mobile crane innovation and Manitowoc Crane Group will benefit from Shuttlelift's expertise in the industrial crane market,” Wheeler continued.
Stephan Pfeifer, Shuttlelift and Marine Travelift CEO, said, “We realised that our gantry business could be much larger in both the industrial markets and marine markets than the Carrydeck business ever could be, so we made a shift to dedicate our internal resources to grow the business we felt would take us further.”
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