Konecranes expands with acquisitions
Created 01/26/2010, 02:57:32 pm
AH Maskinservice A/S has seven employees while Axis Machine Tool Engineers Ltd has 12 employees. The combined annual net sales of the companies in 2009 was approximately EUR4 million (USD5.7 million). The value of the acquisitions is not disclosed.
AH Maskinservice is located in Horsens, east Jutland, Denmark. It specialises in safety inspections and CE labeling, hydraulic presses and overall machine tool service. The acquisition is a part of Konecranes’ strategy to expand its machine tool service business in the Nordic countries. The company’s previous owner will work as branch manager for Konecranes’ machine tool service business in Denmark.
Axis Machine Tool Engineers Ltd, headquartered in East Kilbride, Scotland, specialises in maintaining machine tools in Scotland and Northern Ireland. It also sells machine tools and auxiliary equipment for machine tools. Konecranes is now able to offer a wide range of maintenance solutions for customers in the Scottish engineering industry.
"Up to now, Konecranes has offered machine tool services in the Nordic countries through its offices in Finland, Sweden and Norway. We are now very pleased to be able to offer services in Denmark," says Pekka Kujala, vice president of machine tool service at Konecranes.
"Axis Machine Tool Engineers Ltd will become the northern district organisation of Konecranes’ machine tool service operations in the UK," Kujala adds.
Konecranes now has machine tool service offices in Finland, Sweden, Norway, Denmark, Estonia, Ukraine, the UK and the US.
Source: forkliftaction.com
