Acrow Bridge is expanding its operations with the acquisition of Mabey Bridge for an undisclosed sum. With this move, Acrow Bridge is further developing its share of the international market. Based in the US, Acrow Bridge already has a strong presence in the market worldwide, but by acquiring the UK company Mabey Bridge, this will significantly develop global reach.
This development follows several months of negotiations between the two companies. “Mabey is a business that we have long thought would be an outstanding fit with Acrow,” said Bill Killeen, Acrow CEO. “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.”
Juliette Stacey, Group CEO of Mabey Holdings, Ltd, was equally pleased with the outcome of the negotiations, saying, “Due to our admiration for the strength of competition with Acrow over the years we believe this is the best solution in strengthening the future of both businesses.