Since 1885, Ellicott has focused on delivering reliable dredging equipment to extract earth, minerals, and sediment from below the water. With an unparalleled history of innovation, production, and reliability, In fact, Ellicott offers standard and custom dredging solutions through multiple brands to serve distinct market niches.
In 2009, on the eve of the 125th anniversary of its founding in 1885, 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.
Founded in 1885, as the Ellicott Machine Company, Ellicott Dredges is one of the oldest manufacturers that specializes in the design and building of dredges. Ellicott Dredges built the cutter dredges used in the construction of the Panama Canal.
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.
A leader for over 50 years in designing and building custom deep-digging electric or diesel modular dredges, has sold over 400 dredges in 20 countries for mining, dam operators, governments, and contractors.
Invented the auger dredge in 1971 and today leads the industry in remote-controlled, automated, and ROV dredging technology that supplies engineering firms, governments, and contractors for high profile dredging projects globally.
As the Global Leader of Dredging Systems and Solutions, Ellicott Dredge Enterprises has amassed impressive numbers in the industry.