Manitowoc completes acquisition of the crane business of h&e equipment services, inc.

Milwaukee--(business wire)--the manitowoc company, inc. (nyse: mtw) (the “company” or “manitowoc”), a leading global manufacturer of cranes and lifting solutions, announced the closing of the acquisition of the crane business of h&e equipment services, inc. (“h&e”) (nasdaq: hees), one of the largest rental equipment companies in the u.s., for approximately $130 million, subject to the finalization of net working capital and other transaction adjustments. “we are excited to welcome the h
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