# Markel to acquire majority stake in Buckner HeavyLift

Financial holding company Markel has agreed to acquire a majority interest in US-based crane company Buckner HeavyLift.

- Type: Acquisition
- Announced: 2021-08-19
- Where: United States
- Status: announced
- Products: crane services
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Markel](https://endata.com/companies/57281.md) (acquirer)
- [Buckner HeavyLift](https://endata.com/companies/57282.md) (target)
- [Buckner](https://endata.com/companies/57354.md) (target)

## Sources

- [heavyliftpfi.com](https://www.heavyliftpfi.com/news/2021/08/24/markel-to-acquire-majority-stake-in-buckner/), 2021-08-24: "Financial holding company Markel has entered into an agreement to acquire a majority interest in USA-headquartered crane company Buckner HeavyLift."
- [cranepedia.com](https://cranepedia.com/news/markel-corporation-announces-majority-investment-in-buckner/), 2021-08-27: "Markel Corporation (“Markel”) (NYSE: MKL) and CBP, Inc. (“Buckner”) announced on Thursday, 19 August, that they have entered into a definitive agreement for Markel to acquire a majority interest in Buckner."

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