Konecranes completed the acquisition of Kocks Kranbau.

Konecranes, a material handling solutions provider, completed the acquisition of Kocks Kranbau, a crane and service supplier. Financial terms were not disclosed. “I am confident Kocks Kranbau’s expertise and customer proximity, when combined with Konecranes Port Services’ widespread presence, industry knowledge and technology, will strengthen our position and offering as global services provider in the port sector,” Paolo Dazi, Konecranes Senior Vice President Port Services.