05.12.2007

Mantis invests in UK crane company

Mantis Cranes - the Donegal-based Irish manufacturer of self erecting tower cranes - has teamed up with UK crane company R & B Construction Logistics by making a 30 percent investment in the Cambridge-based company.

The company - which will become known as R & B Mantis - will broaden its network in the UK. The company already has a presence in the North, North West and South West of the country and this recent development will provide a base from which to service the important market in the South East.

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l-r Seamus Mc Menamin (CEO Mantis), Doug Rose (Business development Director R & B) and Robert Rowlette (General Manager Mantis)

General manager at Mantis, Robert Rowlette said: “We are delighted to have teamed up with R & B and excited about the synergy between the two companies. R & B offers the customer a unique service of added benefit to crane hire. We recognise that and hope to expand this service in the year ahead.”

Commenting on the new joint venture, Harry Rose, chairman of R & B said: “The combining of our resources and skills mean that we are now a major player in the self erecting tower crane market in the UK and will continue to offer a complete material handling solution to the UK construction industry.”

R & B is a well-established hire company providing materials handling solutions to the construction industry. The company has grown rapidly since 2004 when it diversified from its core business of housing development and contracting.