# Manitowoc acquires H&E crane business

Manitowoc agreed to acquire the crane business of H&E Equipment Services, a Louisiana-based equipment distributor and rental company.

- Type: Acquisition
- Announced: 2021-07-20
- Where: Louisiana, United States
- Value: $51.0M
- Status: announced
- Products: cranes
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [H&E Equipment Services](https://endata.com/companies/15576.md) (target)
- [Manitowoc](https://endata.com/companies/17709.md) (acquirer)
- [Aspen Equipment](https://endata.com/companies/57119.md) (target)

## Sources

- [vertikal.net](https://vertikal.net/en/news/tag/117/acquisition?page=19), 2021-07-20: "Manitowoc is to acquire the crane business of Louisiana based equipment distributor/rental company H&E Equipment Services"
- [sec.gov](https://www.sec.gov/Archives/edgar/data/61986/000156459021037097/mtw-8k_20210720.htm), 2021-07-20: "The Company has entered into a definitive agreement to acquire the crane business of H&E Equipment Services, Inc."
- [nasdaq.com](https://www.nasdaq.com/press-release/manitowoc-agrees-to-acquire-aspen-equipment-2021-08-16), 2021-08-16: "The Manitowoc Company, Inc. announced today that it has entered into a definitive agreement to acquire substantially all the assets of Aspen Equipment, Co. for approximately $51 million."

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