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Article: Alimak Hek acquires Conrent's assets.
- Article from:
- Australasian Business Intelligence
- Article date:
- September 18, 2006
CopyrightCOPYRIGHT 2006 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Sep 18, 2006 (Construction Contractor - ABIX via COMTEX) -- The purchase of Coates Conrent will make Alimak Hek the leader in Australia for hoist and mast climbing equipment hire and service. This is according to Petter Arvidson, the president and CEO of Alimak Hek Group. Alimak Hek, which is based in Sweden and which earns global revenue of more than $A235 million, purchased Coates Conrent from Coates Hire for $A16.4 million. Coates Conrent was formed in 1971 and has an annual turnover of about $A15 million. Malcolm Jackman, the CEO ...
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