# Investor group acquires majority stake in crane maker PenzCrane

A group of investors led by Epoona and including former Wacker Neuson CEO Martin Lehner acquired a majority stake in Austrian crane manufacturer PenzCrane, which has 65 employees and €18 million in sales.

- Type: Acquisition
- Announced: 2023-12-22
- Where: Fohnsdorf, Styria, Austria, Austria
- Status: completed
- Products: wood and recycling cranes, Z-crane
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [PenzCrane](https://endata.com/companies/74631.md) (target)
- [Epoona](https://endata.com/companies/74632.md) (investor)
- [Martin Lehner](https://endata.com/companies/74633.md) (investor)

## Sources

- [nachrichten.at](https://www.nachrichten.at/wirtschaft/oberoesterreichische-investoren-uebernehmen-steirischen-kranhersteller;art15,3908060), 2023-12-22: "Wir wollen die Präsenz in Europa ausbauen."

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