# 法兰泰克重工 acquires Voithcrane for EUR 49 million

法兰泰克重工 (Eurocrane) announced the acquisition of 100% of Austrian crane manufacturer Voithcrane for EUR 49 million. The deal is expected to close in mid-December 2018.

- Type: Acquisition
- Announced: 2018-09-12
- Where: Linz, Austria, Austria
- Value: $57.0M (49.0M EUR)
- Status: announced
- Products: specialty cranes, automated material handling solutions
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Voithcrane](https://endata.com/companies/34300.md) (target)

## Sources

- [ourjiangsu.com](http://www.ourjiangsu.com/a/20181120/1542709554228.shtml), 2018-11-20: "法兰泰克作为享誉国际的中国起重机和物料搬运行业的先行者，于9月12日宣布出资4900万欧元收购奥地利弗艾斯（Voithcrane）起重机有限公司100%股权。"

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