# Fives acquires Konecranes Machine Tool Service Division

Fives has acquired the Machine Tool Service Division of Konecranes.

- Type: Acquisition
- Announced: 2018-04-01
- Status: completed
- Products: machine tool service
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md) (target)
- [Fives](https://endata.com/companies/4605.md) (acquirer)

## Sources

- [mfgnewsweb.com](https://www.mfgnewsweb.com/archives/4/50922/Current-News-apr18/archives.aspx?aid=50921), 2018-04-01

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.