M&A Deal Summary

Konecranes Acquires Ameratronic Industries

On June 21, 2012, Konecranes acquired machinery company Ameratronic Industries

Acquisition Highlights
  • This is Konecranes’ 10th transaction in the Machinery sector.
  • This is Konecranes’ 6th transaction in the United States.
  • This is Konecranes’ 1st transaction in Indiana.

M&A Deal Summary

Date 2012-06-21
Target Ameratronic Industries
Sector Machinery
Buyer(s) Konecranes
Deal Type Add-on Acquisition

Target

Ameratronic Industries

Portage, Indiana, United States
Ameratronic Industries, Inc. is a provider of crane and hoist service to process duty customers

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Buyer(S) 1

Buyer

Konecranes

Hyvinkaa, Finland

Category Company
Founded 1910
Sector Engineering
Employees16,553
Revenue 4.0B EUR (2023)
DESCRIPTION

Konecranes is an engineering group specialising in advanced overhead lifting solutions and maintenance services. The company's customers span virtually every industry and its products are used in harbours around the globe. Konecranes was founded in 1910 and is based in Hyvinkaa, Finland.


DEAL STATS #
Overall 18 of 20
Sector (Machinery) 10 of 12
Type (Add-on Acquisition) 17 of 17
State (Indiana) 1 of 1
Country (United States) 6 of 8
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-05 King Tool

Erlanger, Kentucky, United States

King Tool Co. is a provider of services to customers, including machine tool retrofits and rebuilds.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-16 Terex Corp - Material Handling & Port Solutions Business

Westport, Connecticut, United States

Terex Corp - Material Handling & Port Solutions Business is a supplier of industrial cranes, crane components and services under the Demag brand, as well as port technology with a broad range of manual, semi-automated and automated solutions under several brands such as Gottwald.

Buy €1.1B