According to a report from Technavio, the size of the global handling and lifting equipment market is poised to grow by $12.21 billion between 2020 and 2024, progressing at a CAGR of almost 3% during the forecast period. read more

AUG 26, 2020 - 7:29 am

Konecranes will now offer low- to mid-range capacity cranes for rent, giving a new alternative to buying a crane. read more

MAR 27, 2017 - 6:23 am

Terex completed the sale of 7.45 million Class A shares representing 9.5% of the total shares outstanding of Konecranes at a price of €34.50 ($36.43) per share. read more

FEB 15, 2017 - 6:54 am

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Columbus McKinnon received approval from the German Bundeskartellamt regarding its acquisition of Konecranes’ STAHL CraneSystems business. This approval was the final condition for closing. read more

JAN 6, 2017 - 7:07 am

Terex completed the sale of its Material Handling and Port Solutions business to Konecranes for $595 million and €200 million ($209.91 million) in cash and 19.6 million newly issued class B shares. read more

JAN 5, 2017 - 6:52 am

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Konecranes received approval from the European Commission regarding Columbus McKinnon’s acquisition of STAHL CraneSystems. read more

DEC 28, 2016 - 7:03 am

Columbus McKinnon reached an agreement to purchase STAHL CraneSystems, a business of Konecranes. read more

DEC 7, 2016 - 7:41 am

Konecranes received an order for 12 RTGs from the South Carolina Ports Authority (SCPA) in Charleston, SC. The cranes will be delivered to SCPA’s Wando Welch terminal in the Port of Charleston in early fall 2017. read more

AUG 29, 2016 - 7:12 am

Konecranes must divest its STAHL CraneSystems business to receive approval from the European Commission for its pending acquisition of Terex’s MHPS business read more

AUG 26, 2016 - 7:03 am

The proposed transactions for the sale of Terex’s Material Handling & Port Solutions business to Konecranes received clearances from the European and U.S. antitrust regulators. read more

AUG 18, 2016 - 7:41 am

Reuters reported that Zoomlion, a Chinese manufacturer of construction equipment, will walk away from its $3.4 billion bid for Terex after the companies failed to agree on terms. read more

MAY 27, 2016 - 7:46 am

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Terex and Konecraes agreed to terminate their previously announced business combination agreement. Terex also agreed to sell its material handling business to Konecranes for roughly $1.3 billion. read more

MAY 18, 2016 - 7:56 am

Terex received a revised non-binding proposal from Zoomlion Heavy Industry Science and Technology to acquire all of the outstanding shares of Terex for $31.00 per share in cash. read more

MAR 24, 2016 - 6:22 am

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The Wall Street Journal reported that Chinese state-run construction equipment producer Zoomlion increased its offer to buy Terex to $31 a share or $3.37 billion. read more

MAR 16, 2016 - 7:34 am

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Terex and Konecranes released a joint statement announcing that the two companies will put their integration planning activities on hold. read more

FEB 22, 2016 - 7:19 am