# Pure Lifting acquires Reid Lifting

UK holding company Pure Lifting has acquired Welsh lightweight gantry crane manufacturer Reid Lifting. The value was not disclosed, and the deal includes working assets and employment offers for all staff, but not the buildings and land.

- Type: Acquisition
- Announced: 2019-03-21
- Where: Chepstow, south Wales, United Kingdom
- Status: announced
- Products: lightweight gantry cranes, portable lifting equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Pure Lifting](https://endata.com/companies/38147.md) (acquirer)
- [Reid Lifting](https://endata.com/companies/38148.md) (target)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/32592/pure-lifting-acquires-reid-lifting?acceptCookies=1), 2019-03-21: "Nick and his team have done a tremendous job of positioning Reid as a standout manufacturer in the portable lifting equipment marketplace."
- [southwalesargus.co.uk](https://www.southwalesargus.co.uk/news/17525996.chepstow-manufacturing-business-sold-holding-firm-plans-expand/), 2019-03-25: "We look forward to building on its success in addition to realising expansion and global growth potential."
- [forkliftaction.com](https://www.forkliftaction.com/newsletter/archive/0916.htm), 2019-03-28: "Reid Lifting, a manufacturer of lightweight gantry and davit cranes, has been purchased by Pure Lifting"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.