M&A Deal Summary

Konecranes Acquires Dynamic Crane Systems

On November 18, 2009, Konecranes acquired machinery company Dynamic Crane Systems

Acquisition Highlights
  • This is Konecranes’ 7th transaction in the Machinery sector.
  • This is Konecranes’ 1st transaction in South Africa.

M&A Deal Summary

Date 2009-11-18
Target Dynamic Crane Systems
Sector Machinery
Buyer(s) Konecranes
Deal Type Add-on Acquisition

Target

Dynamic Crane Systems

Gauteng, South Africa
Dynamic Crane Systems Ltd. is specializes in the manufacture, sales, servicing and assembly of industrial and process cranes. Dynamic Crane Systems is based in Gauteng, South Africa.

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Buyer(S) 1

Buyer

Konecranes

Hyvinkaa, Finland

Category Company
Founded 1910
Sector Engineering
Employees16,545
Revenue 4.2B EUR (2024)
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 10 of 20
Sector: Machinery M&A 7 of 12
Type: Add-on Acquisition M&A Deals 9 of 17
Country: South Africa M&A 1 of 1
Year: 2009 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-28 Machine Tool Solutions Unlimited

Cincinnati, Ohio, United States

Machine Tool Solutions Unlimited LLC is a provider of services to customers, including machine tool rebuilding, control retrofits, preventive maintenance, calibration and repair services. Machine Tool Solutions Unlimited is based in Cincinnati, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-15 AH Maskinservice A/S

Horsens, Denmark

AH Maskinservice A/S is specialized in safety inspections and CE labeling, hydraulic presses and overall machine tool service.

Buy -