# Viburnum Funds acquires majority stake in Cranecorp Australia

Specialist industrials investor Viburnum Funds has agreed to acquire a majority shareholding in Cranecorp Australia, a crane and lifting services company. The deal will support Cranecorp's growth and expansion plans.

- Type: Acquisition
- Announced: 2020-05-19
- Where: Australia
- Status: announced
- Products: crane and lifting services
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Viburnum Funds](https://endata.com/companies/47346.md) (acquirer)
- [Cranecorp Australia](https://endata.com/companies/47347.md) (target)

## Sources

- [cranesandlifting.com.au](https://www.cranesandlifting.com.au/cranecorp-australia-secures-new-investor/), 2020-05-19: "Viburnum Funds, has agreed to acquire a majority shareholding in Cranecorp Australia."

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