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.

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Track Konecranes acquires Terex MHPS

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6d98b8b2-e7b3-435c-ba3f-c9d2199ce676

Parties (2)

Konecranes customer
Terex Corporation off-registry manufacturer

Timeline

Announced: 2016-05-16
Start: 2017-01-01

Sources (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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