Wolter, Inc has announced its acquisition of Valley Industrial Crane, located in Dayton, Ohio, marking Wolter’s 13th acquisition in the last 10 years, as well as the company’s 17th location.
Valley Industrial Crane is a crane and hoist service provider, founded by Vic Slemker in 2002.
For Wolter, this acquisition adds a new layer of crane and hoist support and expertise to its existing Crane & Hoist business group, located in Louisville, Kentucky (formerly Bohnert Equipment Company).
Moving forward, the Valley Industrial Crane team, including owner Vic Slemker, will operate as usual, providing the same services to current and new customers under the Wolter name.
“This new partnership is a great fit for Wolter’s existing crane and hoist sales and services. The Valley Industrial Crane team shares the same commitment to safety and continuous efforts to enhance productivity through a variety of solutions. We couldn’t ask for a better fit and are excited to grow this segment of the business,” says Wolter president Jerry Weidmann.
Financial details of the acquisition were not revealed.