# Crane 1 acquires Hoist & Crane Systems

Crane 1 Services purchased the assets of Hoist & Crane Systems, an overhead crane service and equipment provider headquartered in the greater Charlotte market. The acquisition expands Crane 1's geographic service footprint.

- Type: Acquisition
- Announced: 2022-05-11
- Where: Matthews, North Carolina, United States
- Status: completed
- Products: overhead crane inspections, repairs, maintenance, crane systems
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Crane 1 Services](https://endata.com/companies/40269.md) (acquirer)
- [Hoist & Crane Systems](https://endata.com/companies/62818.md) (target)

## Sources

- [hoistmagazine.com](https://www.hoistmagazine.com/analysis/crane-1-acquires-hoist-crane-systems/), 2022-05-11: "We are thrilled to add H&C to the Crane 1 family and proud to welcome our new team members."

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