LGH Acquires MaxiBar Rigging Rental Division from Bishop Lifting Products, Inc.
Chicago, IL — July 2005 — LGH, a leading provider of lifting equipment for rent, sale, and service, announced the acquisition of the MaxiBar Rigging Rental Division from Bishop Lifting Products, Inc. This strategic move broadens LGH’s product range and reinforces its position as a comprehensive solutions provider for the lifting and rigging industry.
The acquisition of MaxiBar, a company specializing in the rental of spreader bars, slings, and rigging accessories, increases LGH’s spreader beam system portfolio to a 350-ton capacity range. The addition complements LGH’s existing lifting equipment lineup, allowing customers access to a true one-stop vendor for spreader beam system rentals and custom rigging solutions.
“As the market leader in the rental equipment market, the majority of our customers already turn to Lifting Gear Hire Corporation for lifting solutions using our existing Spreader Beam System,” explained Pat Fiscelli, Vice President, Lifting Gear Hire Corporation.
“With the addition of MaxiBar we can expand our capacity range and provide a world-class turnkey solution and ensure our customers maximize their resources through our extensive capacity product range.”
“We are delighted to welcome MaxiBar to the Lifting Gear Hire Corporation family and look forward to providing new opportunities to serve our customers as we move into the future.”
This acquisition further solidified LGH’s reputation as an industry leader in rigging rentals and lifting solutions, expanding its ability to meet the growing demand for high-capacity spreader beam systems across North America.