# Crane 1 acquires Materials Handling Solutions

Crane 1 Services, a portfolio company of Pfingsten, acquired Materials Handling Solutions (MHS), a provider of overhead crane services and equipment based in Duncan, South Carolina. The transaction closed on June 25, 2019.

- Type: Acquisition
- Announced: 2019-06-25
- Where: Duncan, South Carolina, United States
- Status: completed
- Products: overhead crane services, material handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Pfingsten](https://endata.com/companies/4403.md) (investor)
- [Crane 1 Services](https://endata.com/companies/40269.md) (acquirer)
- [Materials Handling Solutions](https://endata.com/companies/40270.md) (target)

## Sources

- [pfingsten.com](https://pfingsten.com/crane-1-expands-southeast-presence-with-materials-handling-solutions-acquisition/), 2019-06-26: "We are thrilled to add MHS to the Crane 1 family."

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