American Equipment Holdings acquires Facilities Engineering
January 27, 2022 By Crane & Hoist Canada staff
American Equipment Holdings has acquired Facilities Engineering, a provider of overhead crane systems and field service solutions.
In connection with the transaction, FP Fabrication, a former Demag facility and one of the largest builders of overhead crane systems in the Western United States, was also acquired.
The acquisition of Facilities Engineering is the fifth acquisition completed by American Equipment since partnering with Rotunda in May of 2021.
“It is a pleasure to welcome Facilities Engineering to the American Equipment family of businesses,” said American Equipment CEO, Adam Zimmerman.
“The Facilities Engineering team, led by Cindy Floriani and Vincent Baroldi, will expand our MRO field services footprint and quoting, engineering and new equipment capabilities for both our regional and national customers.”
Based in California, Facilities Engineering will enable American Equipment to better serve its growing MRO customer base in the southwestern United States and further strengthens American Equipment as a provider of overhead crane systems, hoists and parts.
Facilities Engineering owners Cindy Floriani and Vincent Baroldi will lead the company post-transaction.
“We are extremely excited to bring our decades of experience to American Equipment and believe that our combined resources will enable us to better serve our longstanding customer base, while also creating new career and leadership opportunities for our employees,” Floriani said.
American Equipment Holdings is home to a collection of overhead crane and hoist distributors and field service providers, including American Equipment, Allied Crane, Eastern Crane and Hoist, Facilities Engineering, Pacific Crane & Hoist and Washington Crane & Hoist. The consolidated entity is one of the largest independently owned overhead crane and hoist solutions providers in the United States, serving more than 4,000 customers across 20 locations.
“American Equipment’s national footprint, expertise and shared resources will enable us to accelerate our growth across both our overhead crane systems and MRO field service offerings,” said Vincent Baroldi, co-owner of Facilities Engineering.
In a news release, American Equipment explained it is “aggressively seeking” to acquire other overhead crane and material handling equipment companies.
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