Mammoet Completes ALE Acquisition

By Eric Haun
Wednesday, January 8, 2020

The Netherlands-based Mammoet confirmed it has completed its acquisition of UK-based rival ALE, creating the industry’s largest engineered heavy lifting and transport services provider.

The businesses will operate as one company under the Mammoet brand with more than 140 offices and branches worldwide, Mammoet said in a press release on Wednesday.

An integration plan to be rolled out over the coming months will focus on bringing the two organizations together, Mammoet said. 

ALE executive board member Michael Birch will join Mammoet's executive management team as chief commercial officer.

Categories: People & Company News Offshore Mergers & Acquisitions Engineering Industry News Heavy Lift

Related Stories

Oil Holds Steady as Supply Risks from War Persist

Oil Rises as Widening Conflict Endangers Red Sea, Hormuz Flows

Iran War Sends LNG Prices Soaring, Curbing Asia Demand

Oil Rises as Iran Denies US Talks, Supply Risks Persist

US Oil Shield Starts Showing Cracks as Iran War Drives Prices Higher

TVO Customizes Tethered BOP Technology

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

China Looks Best Placed to Weather Iran Energy Shock

Oil Up 8% as Middle Eastern War Rages

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Current News

Oman’s Block 50 Offshore Drilling Ops Pushed to May

India Resumes Iranian Oil Imports After Seven-Year Hiatus

Oil Holds Steady as Supply Risks from War Persist

OceanAlpha Shares USV Offerings at Oi26

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Iran War Reshapes Global LNG Trade

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com