January 25, 2011
TNT Crane & Rigging Makes Big Move into South Louisiana
TNT Crane & Rigging (“TNT” or the “Company”) has merged its Louisiana operations with RTL, LLC (“RTL”). TNT is a privately held full service crane and rigging operator based in Houston, Texas. RTL is one of South Louisiana’s leading crane companies. Terms of the acquisition were not
The combined company will have 125 cranes servicing the Gulf Coast from eight branches spanning Texas and Louisiana. TNT and RTL are now one of the largest crane service providers in the Gulf Coast. This includes full service capabilities ranging from boom trucks to 800 tons and a complete portfolio of rigging capabilities.
RTL represents a unique opportunity to expand the geographical base and put enhanced capabilities on the ground in South Louisiana. The RTL focus on industrial clients fits very well with TNT and the two companies share many clients in their different locations.
Michael Appling Jr., President and CEO of TNT stated, “The combination with RTL is an excellent strategic fit for TNT and continues our growth plans. RTL has long term customer relationships that combined with the large crane fleet of TNT will provide additional growth opportunities and enhanced service for our customers. We are in a unique position of covering the Gulf Coast industrial base from New Orleans to Corpus Christi and beyond. This expands our ability to work with many of our legacy customers on an enhanced multi-plant basis. The opportunity to combine with RTL and deliver the consistency of safety and operations of our companies across our entire branch network is very exciting and a great value proposition.”
Pat Tesson, C.E.O. of RTL said, “This merger positions our group as one of the leading crane rental service companies in South Louisiana. It will give RTL employees enhanced opportunities and furnish TNT with a base to further geographical expansion. By combining these seasoned businesses we will now be in position to offer a broader spectrum of lifting and rigging services to clientele in the region.”