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AxLoad, top-ranking supplier of lifting and cargo securing products and services acquires the majority of the shares in Mennens Group from De Hoge Dennen Capital, a Dutch privately held investment company.Mennens is the leading provider of steel wire rope, cranes, lifting products and related services in the Benelux region with sales of 83 MEUR in 2011 and 420 employees. The combined revenue of AxLoad and Mennens will be approximately 350 MEUR.
On October 20, a spectacular lift took place in Sundbyberg when a bridge weighing 327 tons was moved. The lifting was performed by Scandinavia's largest mobile crane, a Terex Demag CC6800, with a counterweight of 700 tons.