# Konecranes Ibérica absorbs Fantuzzi Noell Ibérica

Konecranes Ibérica has absorbed Fantuzzi Noell Ibérica, resulting in the dissolution of the latter. This follows Konecranes' acquisition of Terex Port Equipment's material handling and port solutions business for 806 million euros, completed in January 2017.

- Type: Acquisition
- Announced: 2017-09-14
- Where: Spain
- Status: completed
- Products: cranes, lifting equipment, port solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md) (acquirer)
- [Konecranes Ibérica](https://endata.com/companies/26917.md) (acquirer)
- [Fantuzzi Noell Ibérica](https://endata.com/companies/26918.md) (target)
- [Terex Port Equipment](https://endata.com/companies/26919.md) (target)

## Sources

- [cadenadesuministro.es](https://www.cadenadesuministro.es/noticias/konecranes-iberica-absorbe-a-fantuzzi-noell-iberica_1254511_102.html), 2017-09-13: "El socio único de Konecranes Ibérica y de Fantuzzi Noell Ibérica ha decidido la absorción de la última por la primera."

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