Safway Group acquires SafeWorks
09 November 2016
Safway Group has acquired SafeWorks, LLC. The deal includes SafeWorks' entire portfolio of suspended access brands, including Spider, Power Climber and Power Climber Wind.
“SafeWorks is a leading provider of suspended access solutions
with premium brands that have a 70-year history of leadership in North America and Europe,” said Safway Group President and CEO Bill Hayes. “With a terrific management team, highly specialized, market-recognized
expertise, and outstanding technical, engineering and manufacturing capabilities, SafeWorks will significantly expand our product and solutions offerings in important and diverse markets.”
Headquartered in Seattle, SafeWorks provides motorized suspended access equipment sales, rental, services and support through 25 company branch locations in the Americas and a global dealer network. The company has manufacturing facilities in the United States, South America and Europe.
“This is a great opportunity to bring our specialized expertise to the leading access company in North America,” said Scott Farrell, president and CEO of SafeWorks. “Joining Safway will provide our businesses, brands and employees with the resources and flexibility to continue to thrive and grow.”
Safway has acquired 14 companies over the past six years as part of its strategy to expand service offerings in core target markets – energy and industrial (refineries, petrochemical, power, and infrastructure) as well as commercial restoration, refurbishment, and new construction.
“The combination of Safway and SafeWorks is extremely compelling,” said Hayes. “Through Safway’s branch network, the number of locations servicing Spider will essentially double, and SafeWorks will now be able to offer a broader range of products and services to their customers with immediate, local access to the largest inventory of scaffolding equipment and expertise in North America.”
SafeWorks is a complementary business for Safway Group, the company said.
“This acquisition further supports our strategy of bringing additional services and more value to our customers with SafeWorks’ premium branded motorized suspended access products, technical support, highly specialized engineering, and manufacturing capabilities,” added Hayes. “SafeWorks also provides us with the framework for ‘global seed planting’ and additional market diversification, given their worldwide network of sites and attractive position in the growing domestic and international wind/renewable energy industry.”