# Teichmann acquires overhead crane manufacturer Krafotec

German used overhead crane company Teichmann has acquired Wittenberg-based overhead, gantry and container crane manufacturer Krafotec. Teichmann will retain all employees and production facilities.

- Type: Acquisition
- Announced: 2018-06-14
- Where: Wittenberg, Germany
- Jobs: 30
- Status: completed
- Products: overhead cranes, gantry cranes, container cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Teichmann](https://endata.com/companies/32580.md) (acquirer)
- [Krafotec](https://endata.com/companies/32581.md) (target)

## Sources

- [vertikal.net](https://vertikal.net/en/news/story/30718/teichmann-acquires-krafotec), 2018-06-14: "With Krafotec we have gained a long established crane manufacturing company, that due to its tradition and experience is a valuable addition."

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