# J2L Holding acquires Kranlyft Group

J2L Holding AB, a family-owned investment company, has acquired Kranlyft Group, a distributor of mini cranes, aluminum cranes, and self-erecting cranes. The transaction was announced in May 2024.

- Type: Acquisition
- Announced: 2024-04-30
- Where: Sweden
- Status: completed
- Products: mini cranes, aluminum cranes, self-erecting cranes
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [J2L Holding](https://endata.com/companies/10098.md) (acquirer)
- [Kranlyft Group](https://endata.com/companies/77317.md) (target)

## Sources

- [censor.se](https://censor.se/en/news/j2l-acquires-kranlyft-group), 2024-05-08: "Censor has on behalf of the owner acted as advisor and project leader in connection with the transaction."
- [censor.se](https://censor.se/index.php/en/news/j2l-acquires-kranlyft-group), 2024-05-08: "Censor has on behalf of the owner acted as advisor and project leader in connection with the transaction."
- [thecfigroup.com](https://www.thecfigroup.com/transactions/swedish-crane-distributor-kranlyft-has-been-acquired-by-j2l/), 2024-06-03: "CFI is pleased to announce that it acted as exclusive financial advisor on behalf of the owner in Kranlyft Group's acquisition by J2L."
- [vertikal.net](https://vertikal.net/en/news/story/44318/j2l-acquires-kranlyft), 2024-07-26: "I am pleased that Kranlyft now is a part of the J2L Holding, with the long term perspective and stability they offer as owners."

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