06.02.2007

Arcomet buys Airtek

Arcomet of Belgium has acquired the outstanding 50 percent holding that it does not already own in Airtek Cranes of the UK, from Airtek Safety Ltd, making it a wholly owned affiliate.

Steve Rooney has been appointed managing director of Arcomet-Airtek Cranes Ltd, Arcomet also owns Midland cranes with sells and rents self erectors and Arcomet Tower cranes which sells and rents top slewers both of the in the UK. Additionally Paul Phillips works in the UK reporting directly to Arcomet Belgium selling Potain tower cranes to other rental companies.

Arcomet now plan to further integrate its UK businesses and as part of this strategy, Graham Baukham of Arcomet tower cranes has been appointed UK Group managing director while Tony Reeves becomes UK chief financial officer for the group.

Arcomet was appointed as the Potain distributor for the UK in January 2006 and added Ireland later last year.