Konecranes acquisition of Terex MHPS complete

Together the two companies will build on becoming more technology-focused, the combined company will have more R&D resources, introduce new products and engineering solutions as well as further enhance its service offering.

A Konecranes statement following the announcement read: “Automation technology is one of our key focus areas. Here our offering covers automated stacking cranes (ARMGs and ARTGs), automated straddle carriers, automated guided vehicles (AGVs) and lift AGVs for automated container handling.”

“Our software and process knowledge is the widest and deepest in the industry, bringing the best out of the customer’s terminal and integrating the container handling fleet, manual or automated, seamlessly in the terminal’s operations.”

Combined the company’s global presence will reach of 50 countries with over 18,000 employees. Konecranes now has three business areas; service, industrial equipment and port solutions. With the port solutions business being headed by Mika Mahlberg, executive vice president.

Konecranes’ expanded product portfolio for port now includes Konecranes Gottwald mobile harbour cranes, Konecranes Noell STS and RTG cranes, horizontal transport for container terminals, and Konecranes liftace lift trucks.

The statement concluded: “Technology is also a strong focus in our lift truck and mobile harbour crane product lines. We recently introduced eco-efficient, hybrid reach stackers and connectivity that makes our Lift Trucks smarter, giving customers real-time information for improving operations.”

“We have introduced new mobile harbour crane variants to meet changing customer needs, and we continue to fit them with the latest three-phase drive technology for higher productivity and easier maintenance.”