We're excited to announce today that Cresto Group has acquired Safety Technology Ltd. in the UK, including their US subsidiary Safety Technology US LLC.
Abtech Safety became part of Cresto Group earlier in the year and we are so pleased to welcome Safety Technology to the family today.
This latest acquisition by Cresto Group advances our joint mission of helping customers manage performance and risk within the wind power and utility sectors.
"I have admired Safety Technology for a long time given their passion for safety at heights, and I am very much looking forward to helping them drive future growth! The company has a strong position in the UK, primarily in the wind power and utility sectors. Additionally, the company's successful establishment of Wind Energy training facilities in the US creates fantastic opportunities for further growth in North America. I'm excited and looking forward to working with the great team at Safety Technology. When it comes to providing resources and a broad offering for professionals working at heights, we are truly building a unique platform that will offer great opportunities for our customers and bring growth to the combined company.", says Patrik Malterling, CEO of Cresto Group.
"I'm excited and very pleased to hand over the development of Safety Technology to my existing management team and Cresto Group.", says majority owner Bob Dickens. "We have known Cresto Group and its management for many years, and our companies have similar corporate cultures with the same passion for safety at heights.
Stay tuned for more big things to come from Cresto Group.
