Konecranes Acquires Kocks Kranbau Operations, Expands Port Services and Claims Major Client Base in Europe and Beyond”.

In recent news, Konecranes has acquired the operations of German crane and service provider Kocks Kranbau, giving them access to a new customer base in Europe and around the world. The acquisition was finalized in April, although the exact price remains undisclosed.

Kocks Kranbau GmbH was established in early 2023 after the insolvency of its parent company, Kocks Ardelt Kranbau GmbH, a prominent builder of port and shipyard cranes. The main areas of operation for Kocks Kranbau are Bremen, Hamburg, and Oberhausen. Over the past few years, Kocks Kranbau has achieved annual net sales ranging between €10 and €12 million ($10.85 and $13 million).

With this acquisition, Konecranes is set to welcome over 60 new employees and expand their reach to Kocks Ardelt Kranbau’s extensive client base in Germany, Europe, and beyond. Paolo Dazi, who serves as Senior Vice President Port Services at Konecranes, expressed his confidence in the combined expertise of Kocks Kranbau and Konecranes to enhance their global service offerings in the port sector.

Earlier in March, the Humber Container Terminal at the Port of Hull, under the management of Associated British Ports (ABP), was equipped with a new reachstacker from Konecranes. This move further strengthens Konecranes’ position as a leading provider of crane solutions for port operations worldwide.