Columbus McKinnon to acquire STAHL CraneSystems from Konecranes

Columbus McKinnon agreed to purchase STAHL CraneSystems, a manufacturer of explosion-protected hoists and crane components, from Konecranes, which is divesting it due to EU antitrust review of its Terex deal; the price was not disclosed in the text.

“Columbus McKinnon Corporation... today announced that it has reached an agreement to purchase STAHL CraneSystems ("STAHL"), a business of Konecranes Plc.”globenewswire.com

• 2 sources
• globenewswire.comColumbus McKinnon to Acquire STAHL CraneSystemsDec 7, 2016
• globenewswire.comColumbus McKinnon Announces European Commission ApprovalDec 22, 2016

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