# IHI transfers marine crane business to Iknow Machinery

IHI Corporation has concluded a transfer agreement with Iknow Machinery Co., Ltd. to transfer its marine deck crane business (deck cranes, mooring machines). The transfer date is scheduled for May 1, 2017.

- Type: Acquisition
- Announced: 2017-03-27
- Where: Japan
- Status: announced
- Products: marine deck cranes, mooring machines
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [IHI](https://endata.com/companies/6049.md)
- [Iknow Machinery Co., Ltd.](https://endata.com/companies/23097.md) (acquirer)

## Sources

- [ihi.co.jp](https://www.ihi.co.jp/en/all_news/2016/industrial_general_machine/1191192_2081.html), 2017-03-27: "IHI Corporation has concluded a transfer agreement with Iknow Machinery Co., Ltd. to transfer our marine deck crane business (deck cranes, mooring machines) to it."

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