Konecranes has completed the acquisition of MHPS business
- Konecranes and Terex Corporation have completed the MHPS transaction - The combined operations of Konecranes and MHPS start on January 4, 2017 - A focused global leader in industrial lifting and port solutions created - Synergies of EUR 140 million p.a. targeted at EBIT level, to be implemented within 3 years - Terex Corporation becomes a 25 percent shareholder in Konecranes after receiving class B shares - David Sachs and Oren Shaffer join the Board of Directors as announced in connection with the Extraordinary General Meeting held on September 15, 2016 Konecranes