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ALE makes acquisition
Abnormal Load Engineering (ALE), a transportation and lifting specialist, has broadened its services and geographical reach after completing a multi-million pound acquisition.
The Staffordshire-based company bought John Gibson Projects, a provider of equipment and services to the offshore construction industry, with the backing of Barclays Business Banking.
Barclays’ investment was arranged by relationship director Andy Mayne, who said the bank backed the deal due to ALE’s impressive growth strategy.
“This deal further demonstrates the power of Barclays’ sector focused and relationship-based approach to banking solutions together with its leading credentials in the business banking arena,” he added.
Worldwide ALE has 350 employees serving the petrochemical, power generation, offshore, shipbuilding, civil works, ports and heavy transport sectors.
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