The combined company will go to market under four different brands, Bishop Lifting Products, Delta Rigging & Tools, Delta Rentals & Rigging, and Morgan City Rentals.
Operating 23 branches across Texas, Louisiana, Oklahoma, Kansas, Colorado and North Dakota, the enlarged company employs more than 700 employees.
Derrick Deakins, president of Bishop Lifting Products, explained: "The combination of Bishop Lifting and Delta will bring great value to our customers. The wide spectrum of products and services, extended geographic footprint, and technical expertise created by the acquisition positions Bishop Lifting Products to become the clear leader in the wire rope and rigging industry.
"The addition of rental equipment services will be a new offering that will benefit the combined customer base."
Bishop Lifting Products appointed Deakins as its president last year six years after joining the group.
Speaking at the time Otis Dufrene, chief executive of SBP Holdings, Bishop’s parent company, said: "Derrick joined Bishop Lifting Products as chief financial officer in 2007 and was appointed chief operating officer earlier this year.
"He has been instrumental in the development and execution of both our tactical as well as our strategic plans and is a valuable part of our executive management team."
Deakins has previously held positions at companies such as HP and Shell Oil Company.