Konecranes has purchased the business unit Terex Materials Handling and Port Solutions
from Terex Corp., making Konecranes a world leader in industrial lifting and cargo handling
equipment
From 4
th January 2017, the port equipment segment will be part of the business area ‘Konecranes
Port Solutions’, which offers state of the art port equipment and services. Terex overhead cranes
(previously Demag cranes) will be part of business area ‘Industrial Cranes’.
Terex Corp. will be a major stockholder in Konecranes, as payment includes 25% of Konecranes’
shares. The purchase was approved by competition authorities in the USA, China and the EU.
Worldwide Konecranes now employs approx. 18.000 people.
The product portfolios of Terex and Konecranes are complementary, with only limited overlap. Both
work worldwide and the combined forces can therefore offer customers a more complete range of
equipment and services, with stronger competitiveness against existing and emerging players.
With the purchase, Konecranes’ existing range of port cranes, lift trucks and reach stackers is
augmented with Gottwald mobile harbour cranes, Gottwald AGVs and automation expertise.
In overlapping products, respective strengths will be used to further improve product offering and
quality.
As can be seen in the below product offering overview, Konecranes will continue to use the wellestablished
trademarks Gottwald and Noell.
The combined company has more resources for research, development and engineering of
equipment and systems, including automated systems. Konecranes can now offer the industry’s
broadest range of complementary products.
The existing organisations, including dealers, agents and representatives continue their operations
as before and customer contacts remain the same.
At Port-Trade, we foresee additional opportunities for further growth with Konecranes. Our sales
and service activities in the entire Nordic region continue as before and with our strong focus on
customer benefits, we strive to become an even more attractive partner for our customers.
We continue to offer our well-known range of cranes, materials handling equipment and
accessories, such as grabs and spreaders, to all Nordic ports and terminals.
More on:
www.konecranes.com
www.terex.com
