Acquisitions have been in the news lately. Last week alone, Burger King merged with Tim Hortons and Amazon announced that it will acquire Twitch, a video service aimed at gamers. While the reasons for mergers and acquisitions vary, generally they are done to add a service for customers or to expand a market.
That’s the case with Crane Rental & Rigging, a company based in Omaha, Nebraska. Barnhart has reached a definitive agreement to purchase the company which will now operate as Barnhart and will transition fully as part of the Memphis-based company’s national network of branches.
In addition to Omaha, Crane Rental & Rigging has two other Nebraska locations in Lincoln and South Sioux City. The company also currently has offices in Iowa in Des Moines, Cedar Rapids, Davenport and Ames and in Sioux Falls, South Dakota. Barnhart plans to invest resources in the operation to meet the growing needs of the area. There will be no reduction in workforce at the company. Continue reading