Altrad Group completed the acquisition of Sparrows Group.

Altrad Group, an industrial services provider, agreed to acquire Sparrows Group, a global engineering and maintenance specialist. Financial terms were not disclosed. “We are delighted to welcome Sparrows and its 2k strong team into the Group. As the world’s leading lifting and handling specialist its level of technical expertise and experience is an extremely valuable addition to our capability. We are committed to investing in Sparrows to support its continued growth so together we can play our part in supporting industry to ensure safety and transition towards a more sustainable future," Ran Oren, Altrad Co-CEO.