# Eurocrane completes acquisition of Voithcrane

Eurocrane (China) Co., Ltd. completed the acquisition of 100% of Voithcrane (via RVH and RVB) for EUR 49 million, gaining a high-end European crane brand.

- Type: Acquisition
- Announced: 2018-12-10
- Where: Linz, Austria, Austria
- Value: $55.5M (49.0M EUR)
- Status: completed
- Products: special cranes, material handling solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Eurocrane (China)](https://endata.com/companies/34291.md) (acquirer)
- [Voith-Werke Ing. A. Fritz Voith Gesellschaft m.b.H & Co KG](https://endata.com/companies/36077.md) (target)

## Sources

- [eurocranegroup.com](https://www.eurocranegroup.com/news/eurocrane-completed-voithcrane-equity-transaction-and-the-internationalization-turned-over-a-new-leaf-145718.html), 2018-12-12: "Eurocrane paid all transaction considerations. The shares of RVH and RVB were transferred to Eurocrane Austria Holding."

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