Konecranes strengthens its port services presence with acquisition of German Kocks Kranbau GmbH
Konecranes has acquired the business of German crane and service supplier Kocks Kranbau, giving it access to new European and global customers. The value of the purchase, which was closed in April, is not being disclosed. Kocks Kranbau GmbH was established early 2023 following the insolvency of parent company Kocks Ardelt Kranbau GmbH, a well-established port and shipyard crane manufacturer. Kocks Kranbau’s main operations are based in Bremen, Hamburg and Oberhausen. In recent years the annual net sales of the acquired business have totaled around EUR 10-12 million, and the business