Konecranes ditches merger to buy Terex MHPS

Konecranes has signed an agreement to purchase Terex’s Material Handling & Port Solutions (MHPS) for a combined offer of cash and shares.

Konecranes opted for purchase rather than merger of Terex. Credit: Konecranes

Konecranes has signed an agreement to purchase Terex’s Material Handling & Port Solutions (MHPS) for a combined offer of cash and shares.