BMS Stangeland acquires Havator

The name and brand will remain after Havator’s acquisition by the BMS Stangeland joint-venture company

Crane and specialized transport operator Havator has been acquired by BMS Stangeland A/S, a joint-venture crane and heavy transport company in Scandinavia.

Danish crane company BMS and Norway’s Stangeland, owner of Crane Norway, have expanded their collaboration with their joint acquisition of Havator in Finland and Sweden.

Stangeland and BMS initially established their joint venture in 2021 with the sale by BMS of Kranringen to the Stangeland-owned Norwegian crane company, Crane Norway Group. At the same time BMS bought 50 per cent of Stangeland’s holding in Crane Norway Group.

Working together

Trond Helge Skretting, Crane Norway Group CEO, commented, “This partnership has been very successful – building on the same values from two strong family owned companies.”

Commenting on the latest acquisition Jens Enggaard, BMS owner and chief executive, said, “We have followed Havator closely for quite some years and we are very happy that the time was now right to join forces.”

Joint company BMS Stangeland will acquire 100 per cent of Havator Group Oy. The deal, for an undisclosed sum, is expected to close in May or June 2024, subject to the usual approvals.

The holdings Stangeland and BMS have in Crane Norway Group will also be transferred to the BMS Stangeland A/S joint venture company.

The Havator name will be retained in Finland and Sweden. “We have come to know Havator as a company with good values and a very loyal and competent workforce. Therefore, we are looking forward to welcoming the Havator employees to our crane family,” said Jens Enggaard.