Mazzella Buys Midco
Mazzella Companies has acquired Midco Companies.
The acquisition further strengthens Mazzella’s footprint in Texas and the Gulf Coast region and reinforces Mazzella’s commitment to be a single source for wire rope and rigging products, engineered lifting solutions, overhead cranes, and inspection and training services.
Midco Companies was founded in 1976 to supply quality wire rope, chain, and rigging to the Dallas and Ft. Worth markets.
In 1980, Midco expanded into San Antonio, TX and further expanded into Longview, TX in 1988. Midco is a full-service rigging supplier of slings, wire rope, chain, fall protection devices, hoists, blocks and sheaves, and tie-down accessories.
Effective immediately, Midco Companies will operate as Mazzella Midco. Terms of the transaction are not being disclosed.
“Midco’s offerings naturally complement Mazzella’s wide range of rigging products and service offerings. Both companies are committed to partnering with the best suppliers in the industry, delivering products made from the highest quality materials, and sharing our expertise when it comes to safety and compliance in overhead lifting,” said Matt Mazzella, President of Mazzella.
This acquisition provides Mazzella with three additional locations in Texas and will serve the heavy lifting needs of customers throughout Texas, Oklahoma, New Mexico, Arkansas, and Louisiana.
“We are very pleased to be a part of Mazzella Companies. Their reputation brings honor to Midco. I am happy we found such a great home for our Midco team members and see a tremendous future for them,” says Doug Dry, President / Owner of Midco Companies.
“I welcome our newest teammates from Midco Companies into the Mazzella organization. We’re excited about the great reputation that the Midco team has built during their 45+ years in business and our shared alignment on building confidence and trust within the industry. Mazzella Midco will continue to deliver on the commitment to excellence that their teammates and customers have come to expect,” says Mazzella.