Hoisting Wire Rope and Sling will operate as a branch within Ascent Lifting’s CERTEX division, strengthening CERTEX’s service capabilities in the region.
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This is the second acquisition for Shorehill Capital-owned Ascent Lifting this year and its fourth overall since its 2022 founding.
Charleston-based CRMH is a distributor and fabricator of industrial rigging products and safety solutions.
In its second acquisition of the year, rigging distributor Ascent Lifting expands by 33 locations with the addition of CERTEX.
Cargo Control said the deal will significantly expand its level of service and product offerings available to customers.
Ascent Lifting simultaneously completed two acquisitions on Oct. 4.