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Cargotec and Konecranes to merge

Cargotec Corporation and Konecranes Plc announced that their respective Boards of Directors have signed a combination agreement and a merger plan to combine the two companies through a merger.

Terex completes sale of MHPS business

Terex Corporation announced that it has completed the sale of its Material Handling and Port Solutions business (MHPS) to Konecranes Plc for $595 million and -?200 million in cash and 19.6 million newly issued class B shares representing a 25 per cent interest in Konecranes.

Terex completes sale of MHPS business

Terex Corporation announced that it has completed the sale of its Material Handling and Port Solutions business (MHPS) to Konecranes Plc for $595 million and ?200 million in cash and 19.6 million newly issued class B shares representing a 25 per cent interest in Konecranes.

Terex Corporation names new President for Cranes Division

Terex Corporation announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment to Konecranes Plc. Ken Lousberg, currently President, Terex Cranes, will be leaving the company to pursue other opportunities.

Terex Corporation names new President for Cranes Division

Terex Corporation announced that Steve Filipov will assume the role of President of Terex Cranes effective immediately. Filipov will also continue with his responsibilities as President of the Terex Material Handling and Port Solutions segment until completion of the announced sale of that segment to Konecranes Plc.

Big Crane Deal for Konecranes

WMI Konecranes bags an order from JSW Steel worth Rs 58 crore. WMI Konecranes has bagged the order to supply total 21 heavy-duty cranes to JSW steel worth Rs 58 crore.

Konecranes Acquires WMI Cranes

Konecranes Plc, Finland, has acquired a 100 per cent stake in WMI Cranes, India. Post acquisition, the company has been renamed as WMI Konecranes India.

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