Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Thu May 24 2018

Related Information
Related Information
Related Information

News » Plant » New owner for Cadman Cranes » published 2 Sep 2016

New owner for Cadman Cranes

Milbank Concrete Products has taken over mobile crane hirer Cadman Cranes.

Cadman's biggest crane Above: Cadman's biggest crane

Both companies are based in Colchester, Essex, and have worked together for many years.

“We were flattered when Geoff Cadman approached us to see if we would be interested in acquiring his business,” said Milbank chairman Sean Milbank. “Geoff wanted to ensure that, if he sold the business, operations would continue and his loyal staff would be looked after.”

Geoff Cadman will remain involved with the business for a transition period.

Cadman runs a fleet of 22 mobile cranes across Essex and East Anglia. Its biggest crane is a 180-tonne capacity Liebherr LTM 1160-5.2, which it bought earlier this year.

Andy Mayne, managing director of Milbank Concrete Products,said: “We are thrilled to welcome Cadman Cranes into the Milbank Group; the acquisition will allow us to build on a successful period of strong and consistent growth. Combining our specialist skills with Cadman’s experience and our joint client base means we are in the best position to bolster our presence within the construction industry.”







Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News & Contract News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 2 Sep 2016 (last updated on 2 Sep 2016).

More News Channels