# 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.

- Type: Acquisition
- Announced: 2016-12-07
- Where: Germany
- Status: announced
- Products: explosion-protected hoists, crane components, wire rope hoists, electric chain hoists
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Columbus McKinnon](https://endata.com/companies/509.md) (acquirer)
- [STAHL CraneSystems](https://endata.com/companies/510.md) (target)
- [Konecranes](https://endata.com/companies/511.md) (partner)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2016/12/07/895676/25486/en/columbus-mckinnon-to-acquire-stahl-cranesystems.html), 2016-12-07: "Columbus McKinnon Corporation... today announced that it has reached an agreement to purchase STAHL CraneSystems ("STAHL"), a business of Konecranes Plc."
- [globenewswire.com](https://www.globenewswire.com/news-release/2016/12/22/901278/25486/en/columbus-mckinnon-announces-european-commission-approval-for-stahl-cranesystems-acquisition.html), 2016-12-22: "Konecranes Plc has received approval from the European Commission regarding Columbus McKinnon's acquisition of STAHL CraneSystems."

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