Centurion Group (“Centurion” or “the Group”), a global leader in the supply of equipment rentals, sales and services to a range of critical industries for complex, challenging, and remote locations, today announces the acquisition of Trand Inc., further advancing its strategy and expansion into the US onshore wind sector.
Headquartered in Sawyer, Kansas, Trand is a family-owned and operated business with a strong track record of delivering complex lifting operations to the onshore wind industry. Its expertise strengthens Centurion’s existing lifting services in the United States, while introducing additional specialist heavy lift capabilities aligned with the growing onshore wind market in the Mid-West.
The acquisition also complements Centurion’s Minnesota-based Althoff Crane Service operations, creating opportunities for regional growth, broader service capability, and enhanced service delivery across the Mid-West US. It marks another step forward in Centurion’s strategy to expand its existing presence in renewables and onshore wind and to build a more diversified, multi-industry equipment and services platform.
Centurion has scaled significantly through a combination of organic growth and acquisitions, delivering a strong performance in FY’25 and continuing its upward trajectory, with EBITDA having grown from ~$105m USD in FY’24 to ~$130 million USD* at the end of FY’25. Over the last eight years, the Group has grown its EBITDA by ~$100m USD from ~$30m USD at its formation in December 2017. Centurion has also expanded its geographic footprint and operational capabilities with 24 acquisitions and ~75 new locations established across its core regions.
Looking ahead, Centurion’s acquisition pipeline remains strong, focused on supporting its move into growing end markets including renewables, minerals, infrastructure, construction, defence and government, alongside strengthening its existing presence in its core regions to build capabilities and enhance its multi-industry offering.
Euan Leask, Centurion’s CEO, said:
“We are delighted to welcome Trand into Centurion and look forward to working with the team to deliver the next phase of the company’s growth. Trand has a strong reputation for delivering complex, challenging lifting solutions in remote locations for the onshore wind sector, complementing and strengthening our existing US crane business and allowing us to take on larger more complex work in the Mid-West US.”
Terry and Sandra Arnett, owners of Trand Inc., said:
“We are proud of the business we have built and are excited to see it join Centurion. The Group’s scale, resources and strategic vision provide a strong platform for continued growth, and we look forward to seeing the business develop as part of the wider organization.”
ENDS
Enquiries:
Teneo
Camilla Cunningham / Nina Chatrath-Saglani
+44 (0) 207 260 2700 / centurion@teneo.com
About Centurion Group
Centurion is a global leader in the supply of equipment rentals, sales and services to a range of critical industries, for complex, challenging and remote locations. It combines the scale and the breadth of offerings in five main regions: the US, Canada, UK & Europe, Middle East & North Africa, and Asia Pacific, with strong local presence in key energy markets to deliver value to customers around the world. For more information, please visit www.centuriongroup.co.uk.
