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Partnership

Konecranes acquires Terex MHPS

Konecranes acquired Terex Corporation's Material Handling & Port Solutions (MHPS) segment for EUR 1,126 million in cash and shares. The deal made Konecranes the world's largest focused player in industrial lifting and port solutions, with combined 2015 sales of EUR 3,517 million.

other · Concluded · operating


Machine-readable surfaces

6d98b8b2-e7b3-435c-ba3f-c9d2199ce676
Type
other
Status
Concludedoperating
Announced
2016-05-16
10.4 years ago
Start
2017-01-01
9.7 years ago
Active for
9.7 years

Who’s involved

Konecranescustomer

Konecranes is a Finnish crane and lifting equipment manufacturer based in Hyvinkaa, developing autonomous crane systems and automated lifting solutions for ports, manufacturing, and logistics. The company is listed on [Nasdaq](/companies/nasdaq) Helsinki and received the Internationalization Award of the President of Finland.

HQHyvinkaa, Finlandkonecranes.com1 partnerships

Off-registry parties

  • Terex Corporation · manufacturer

Related partnerships

Sources (1)

  1. https://www.konecranes.com/press-releases/konecranes-acquires-terexs-material-handling-port-solutions-business-to-create-focused-global-leader-in

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