Mazzella Companies acquires rigging business14 September 2023
US lifting and rigging business Mazzella Companies has announced the acquisition of Newell Davis Company of Wilmington, North Carolina.
Mazzella says this acquisition further strengthens its footprint in the Atlantic region of the US and along the eastern seaboard, and reinforces a commitment to be a one-stop provider for rigging equipment and sling assemblies, engineered lifting solutions, training, and the inspection and repair of cranes, hoists and rigging.
Newell Davis Company has been servicing and supplying the construction, government/military and the ports industries in the Carolinas since 1976. On its website it describes itself as “a full line rigging shop” that sells a range of products including wire rope, nylon slings and hoists.
It will now fall under the Mazzella brand, although there will be no changes to staff, company locations, products or services.
“Wilmington, North Carolina, provides us the opportunity and access to support new customers in industries like construction, ports, railroad and US government and military,” said Matt Mazzella, president of Mazzella. “This strategic location will support and build off the success we’ve experienced in surrounding markets, including Virginia Beach and Charlotte. I’m excited about our business’ continued growth, and I’d like to offer a warm welcome to our newest team members from Newell Davis Company.”
“When I decided to sell Newell Davis Company… Mazzella Companies was who I thought of first,” said president of Newell Davis, Teresa McGee. “Our location will fit strategically with their other existing locations and this acquisition will allow our business to flourish with no limitations on potential growth. Our customers are our top priority, and I know that they will be very well taken care of with better deliveries and access to expert services and premium products. I couldn’t be prouder.”
Mazzella Companies product and service offerings include, for example rigging products, overhead crane fabrication, crane and hoist service and repair, and engineered lifting devices. Some of the markets Mazzella serves are mining, steel, oil and gas, construction, energy and shipbuilding.