Konecranes to strengthen its Port Solutions business with the acquisition of Peinemann Port Services and Container Handling
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. The acquisition requires approval from the Dutch competition authority and is expected to close in Q4 2024. The value of the acquisition is not being disclosed. Peinemann is a significant port services provider in the Netherlands with a wide customer base, and it has long-term maintenance relationships with several of Konecranes’ key customers. The turnover of the businesses being acquired was over €40