NCI to help ML Crane restructure
Asset management and advisory firm Nations Capital has acquired a range of All Terrain, Rough Terrain, crawler cranes and boom trucks along with other assets from ML Crane Group, while also providing capital and remarketing services in order to help the company update its fleet by selling off under-utilised equipment and assets.
The ML Crane group includes Crane Service, Inc., Marks Crane & Rigging, Winslow Crane Service Co. and Chellino Crane.
NCI’s executive vice president Zac Dalton said: "Nations Capital is pleased to have partnered with ML Crane Group to help achieve its objectives as it seeks to optimise its fleet in the various sectors and markets it operates in. NCI possesses a deep knowledge of the crane, heavy haul and rigging space providing customers and clients with creative solutions in rapid fashion."
ML president Caroline Asimakopoulos added: "We are very pleased to enter into this agreement and relationship with NCI to allow us to continue to achieve our strategic goals across our family of companies. Positioning our fleet to best serve our customer base is of critical importance as we prepare for the future."