Acrow Bridge has acquired the United Kingdom-based Mabey Bridge company.
The combination of the two companies, according to Acrow, builds a “prominent global provider with unsurpassed critical mass and a team with the ability to offer more extensive premium quality infrastructure solutions” to its market.
Located in Lydney, England, Mabey Bridge is a subsidiary of Mabey Holdings, a fourth-generation family-owned global bridge and engineering services group. Both firms will continue to operate under their own brands.
Mabey has been in business for nearly a century, employs more than 800 people and delivers projects from 28 locations around the world. The company’s net assets total about £140 million.
The price of the acquisition has not been disclosed.
The acquisition of Mabey comes after negotiations between the two companies for the past several months.
“Mabey is a business that we have long thought would be an outstanding fit with Acrow,” said Bill Killeen, CEO of Acrow. “We have great respect for Mabey and the strong business its team has built, and we are excited to bring together the immensely talented Acrow and Mabey teams from around the globe to drive our businesses to new strata of success.”
Specializing in pre-engineered modular bridging solutions that help develop, improve and repair essential infrastructure in urban and rural areas, Acrow and Mabey share a similar mission in the industry.
Merging the companies provides customers with solutions that are based on a more expansive global reach, enhanced manufacturing capabilities, a larger product portfolio, more access to banking solutions for project financing and a wide-ranging talent pool of engineers, production and commercial team.
For more than 60 years, Acrow Bridge has provided transportation and construction industries with a full line of modular steel bridging solutions for vehicle, rail, military and pedestrian use. As well, Acrow’s presence includes its leadership in the development and implementation of bridge infrastructure projects in more than 80 countries.