Konecranes to acquire full ownership of MHE-Demag

Konecranes signed an agreement to acquire the remaining 50% stake in MHE-Demag from Jebsen & Jessen, targeting EUR 10 million annual synergies by 2022.

“Konecranes has signed an agreement to acquire the 50% stake in its MHE-Demag JV held by partner Jebsen & Jessen.”konecranes.com

• 9 sources
• konecranes.comKonecranes to strengthen its market position in Southeast Asia by buying full ownership of MHE-Demag | | Konecranes Saudi ArabiaDec 5, 2019
• konecranes.comKonecranes to strengthen its market position in Southeast Asia by buying full ownership of MHE-Demag | Stock exchange releases | KonecranesDec 5, 2019
• heavyliftpfi.comKonecranes acquires remaining MHE-Demag shares - Heavy Lift & Project Forwarding InternationalSophie BarnesDec 5, 2019
• heavyliftpfi.comKone Cranes buys out Jebsen & Jessen of MHE-Demag - Heavy Lift & Project Forwarding InternationalAdnan BajicDec 5, 2019
• cbinsights.comMHE-Demag - Products, Competitors, Financials, Employees, Headquarters Locations

Summarized from public sources; check the original articles before acting on it.