Ellicott Dredge Enterprises is focused on delivering reliable dredging equipment to extract earth, minerals, and sediment from below the water. We offer standard and custom dredging solutions through multiple brands to serve distinct market niches.
In 2009, Ellicott Dredge Enterprises, LLC, announced that Markel Ventures, a subsidiary of Markel Corporation, a Fortune 500 company listed on the New York Stock Exchange (MKL), has acquired a majority interest in the company.
Markel Ventures owns and operates a family of companies outside the insurance industry, employing over 10,000 people across the manufacturing, consumer, business services, financial services, and healthcare sectors.
In fact, each of their businesses operates independently yet retains the benefit of the sound foundation of the Markel Corporation. Therefore their business model is unique–acquisitions are financed with little or no debt using “permanent” capital. This approach has proven to be very successful for Markel and our shareholders.
The world’s leading supplier of one truck transportable, self-propelled dredging systems for maintaining rivers, lakes, canals, and other inland waterways. IMS has supplied hundreds of dredging systems in over 60 countries around the world.
As the Global Leader of Dredging Systems and Solutions, Ellicott Dredge Enterprises has amassed impressive numbers in the industry.