Hydralift acquires equipment group

Norway’s Hydralift ASA acquired AS Stalprodukter, a manufacturer of offshore cranes, hose stations, winches and other equipment. Stalprodukter’s production operations will be split out prior to Hydralift’s acquisition and continued under the direction of the company’s present owners. Stalprodukter has an order backlog of about $18 million plus options for additional work. Hydralift will pay … Continue reading Hydralift acquires equipment group