DeSHAZO Crane Company launches growth initiative and seeks acquisitions to meet increasing customer demand

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BESSEMER, Ala .– (BUSINESS WIRE) – DeSHAZO LLC, (“DeSHAZO” or the “Company”), a leading US manufacturer and service provider of custom overhead traveling cranes with the ability to develop turnkey automation solutions for construction, infrastructure, manufacturing and distribution projects, announced today seeks strategic acquisitions to continue its successful growth path and expand its business activities. The company has hired Carl Marks Securities, a national investment banking firm, to identify and hold discussions with local and regional crane companies in the United States that would represent potential additions to the DeSHAZO family of companies.

DeSHAZO was founded in 1972 and is based in Bessemer, Alabama. DeSHAZO currently has over 25,000 working cranes in use in North America, South America, EMEA and Asia. The company has 500 employees and operates over 300,000 square meters of state-of-the-art manufacturing and engineering complexes.

“We like to say that we’re not just in the crane business, but in the solutions business. Strategic acquisitions are the right solution for DeSHAZO to grow into an even stronger business and meet the growing needs of customers worldwide, ”said Guy K. Mitchell III, CEO of DeSHAZO. “Our custom cranes highlight projects for our customers, and we want to keep our business moving forward and growing by expanding our geographic reach, building our competitive advantage, and strengthening our supply chain.”

With a strong comeback in production and construction and a renewed focus on infrastructure projects, DeSHAZO is looking for strategic acquisitions to meet growing customer demand and expand manufacturing capabilities into new geographic regions.

For more information on DeSHAZO and its growth plans, those interested can visit https://www.deshazo.com/ or contact Jon Bushnell of Carl Marks Securities at 908-399-2306 or [email protected]

Securities services from Carl Marks Securities LLC, a member of FINRA and SIPC.

About DeSHAZO

DeSHAZO LLC is a leading manufacturer and service provider of precision-engineered, customer-specific overhead traveling cranes from light industry to factory service of the CMAA class “F”. The company offers turnkey automation solutions for construction, infrastructure, manufacturing and sales projects. DeSHAZO currently has more than 25,000 cranes in use in North and South America, Asia, the EU and the Middle East. The company is based in Bessemer, Alabama and operates more than 20 service locations and over 300,000 square feet of manufacturing and engineering complexes. More information is available at www.deshazo.com

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