NEWS Ӏ MARCH 2022
NEW GM AT TEREX FoR RT LINE
Giancarlo Montanari, business line leader of rough terrain cranes, has been appointed as general manager of rough terrain cranes at Terex, effective February 1, 2022. He will report to Kieran Hegarty, president of Terex segment MP. Montanari will be responsible for all functions within the business. Terex said the move is designed to
focus on the individual strengths of each crane business to best suite their own unique brands. “I am honoured to have this opportunity,”
commented Montanari. “I really believe in our products and organisation. This market is a competitive one, but we believe we are shaping our future to be an important brand for years to come. The premium materials, modern technology and unique optimisation of our cranes make us stand out from the crowd. This added to the uniqueness of the brands, and their target-driven focus on being best-in-class is what makes us the first choice.” Terex said the continuation of existing
relationships is of the utmost importance and the structure change is intended to re-focus its efforts and build upon the successes it has already achieved.
ENGINEERED RIGGING EXpANDS ITS TEAM
Indiana, USA-headquartered company Engineered Rigging, which rents, sells, services and supports heavy lift and specialised transport equipment for civil, industrial and construction projects around the world, has appointed Kayla Munn as a product specialist. Munn will be based at
Engineered Rigging’s Russellville, Arkansas facility. In her role, Munn will manage a variety of responsibilities including technology research, proposal development, procurement, client relations and project management. Prior to joining Engineered Rigging, Munn was a product specialist at Enercon Services where she worked on projects at Arkansas Nuclear One (ANO). Munn has a Master of Science degree in
geology and geochemistry from the University of Oklahoma and bachelor’s degrees in geology and English literature.
SpARRoWS GRoup To BE ACquIRED BY ALTRAD GRoup
Sparrows Group, a global provider of engineering, inspection, operations and maintenance services to the offshore energy, renewables and industrial sectors is to be acquired by industrial services provider Altrad Group The transaction will include the acquisition of Sparrows’ wind energy business Alpha. According to Altrad this is an
Read more from Giancarlo Montanari in the rough terrain cranes feature on p28.
important development in its global growth ambitions, strengthening its position in the offshore, renewables and industrial sectors while also enhancing its operations in the Americas where Sparrows has several operational bases.
The terms of the transaction have not been publicly disclosed. Sparrows will be run autonomously
by its existing management as a separate entity within Altrad, ensuring operational continuity while providing access to Altrad’s extensive global network, multi-industry expertise and resources. Altrad’s experience and scale in the industrial services sector will support Sparrows to accelerate its diversification strategy in key markets, it claimed. Completion of the transaction is subject to customary regulatory approvals and is expected to occur in the second or third quarter of 2022.
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