William Hackett has acquired Vulcan Hoist to enhance its market presence in North America and broaden its product portfolio, supporting its ambition to become a leading global supplier of lifting equipment.

Information on the Target

William Hackett, a prominent global provider of lifting equipment, has successfully acquired Vulcan Hoist, a company dedicated to supplying a variety of hoists and lifting equipment. Founded in 1964, Vulcan boasts a robust product portfolio and high-quality operational standards, supported by an ambitious management team. This acquisition marks a significant step for William Hackett in enhancing its market footprint across North America while broadening its product offerings to include electric hoists, further aligning with its vision of becoming a comprehensive provider in the lifting equipment sector.

This partnership with Vulcan Hoist is particularly strategic, as it not only enriches William Hackett’s existing product line but also strengthens its competitive edge in the growing North American market. Vulcan is recognized for its commitment to quality and innovation, factors that are expected to synergize well with William Hackett's established market practices and future growth objectives.

Industry Overview in the Target’s Specific Country

The lifting equipment industry in North America is witnessing substantial growth, driven by increasing investments in infrastructure and construction activities. This sector is characterized by a heightened demand for sophisticated and versatile lifting solutions