# Fyns Kran Udstyr acquires Cranemech

Danish lifting gear company Fyns Kran Udstyr acquired Swedish company Cranemech, which specializes in service and sales of industrial lifting equipment, as part of a Scandinavian expansion plan.

- Type: Acquisition
- Announced: 2022-02-17
- Where: Ängelholm, Sweden
- Status: completed
- Products: lifting equipment, cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Fyns Kran Udstyr](https://endata.com/companies/61102.md) (acquirer)
- [Cranemech](https://endata.com/companies/61103.md) (target)

## Sources

- [cranestodaymagazine.com](https://www.cranestodaymagazine.com/news/fyns-kran-udstyr-acquires-cranemech-9489366/), 2022-02-17: "Fyns Kran Udstyr has acquired Ängelholm, Sweden-based company Cranemech, which specialises in the service, assembly, repairs, modernisation and sales of industrial lifting equipment."

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