Konecranes completes acquisition of Peinemann Port Services and Container Handling businesses
Finnish port equipment manufacturer Konecranes has closed its acquisition of Rotterdam-based Peinemann Port Services BV and Peinemann Container Handling BV, after receiving the green light from the Dutch competition authority.
Peinemann is a port services provider in the Netherlands with a wide customer base, and it has long-term maintenance relationships with several of Konecranes’ customers.
Peinemann Container Handling BV has been a Konecranes Lift Trucks distributor in the Netherlands since 2009 and has been in the sales, rental and service business of lift trucks in the Rotterdam area since 1954.
Konecranes noted that the planned acquisition will not affect its current Lift Trucks distributor model outside the Netherlands.