Announced

Completed

Konecranes completed the acquisition of the industrial and nuclear crane manufacturing and service business of Whiting Corporation.

Synopsis

Konecranes, a cranes and lifting equipment company, completed the acquisition of the industrial and nuclear crane manufacturing and service business of Whiting Corporation, a railcar maintenance equipment company. Financial terms were not disclosed. “We welcome this talented group of Whiting colleagues to Konecranes and look forward to driving together our new and exciting growth opportunities,” Bernie D'Ambrosi, Konecranes Senior Vice President.

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