# Konecranes to acquire Peinemann Port Services and Container Handling

Konecranes will acquire Rotterdam-based Peinemann Port Services BV and Peinemann Container Handling BV to strengthen its Port Solutions business. The acquisition requires approval from the Dutch competition authority and is expected to close in Q4 2024.

- Type: Acquisition
- Announced: 2024-10-18
- Where: Rotterdam, Netherlands
- Status: announced
- Products: port services, container handling
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Konecranes](https://endata.com/companies/511.md) (acquirer)
- [Peinemann](https://endata.com/companies/71106.md) (target)
- [Peinemann Port Services](https://endata.com/companies/80507.md) (target)
- [Peinemann Container Handling](https://endata.com/companies/80508.md) (target)

## Sources

- [konecranes.com](https://www.konecranes.com/press-releases/konecranes-to-strengthen-its-port-solutions-business-with-the-acquisition-of-peinemann-port-services-and), 2024-10-18: "Konecranes will strengthen its Port Solutions presence at the core of Europe’s largest port by acquiring Rotterdam-based Peinemann Port Services BV and Peinemann Container Handling BV."
- [dcadvisory.com](https://www.dcadvisory.com/news-deals-insights/deal-announcements/dc-advisory-acts-as-exclusive-advisor-to-peinemann-on-the-sale-of-its-container-handling-and-port-services-activities-to-konecranes/), 2024-10-21: "Under the terms of the transaction, Konecranes will fully acquire the Container Handling and Port Services activities"
- [tracxn.com](https://tracxn.com/d/companies/peinemann/__VgXdPU2ZZa_EOtOO6EzBTIqOTAGEcG59uXgragZl4CI), 2024-11-21: "Peinemann got acquired by Konecranes on Dec 03, 2024."

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