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Konecranes signed an agreement to acquire a 70% stake in Mitsubishi Electric FA Industrial Products (MFK), a Japanese supplier of wire rope hoists and geared motors. The transaction is expected to close in early 2027.
“Konecranes has signed an agreement to acquire a 70% stake in Mitsubishi Electric FA Industrial Products (MFK)”infomarine.net
Summarized from public sources; check the original articles before acting on it.