KONECRANES ACQUIRES SERVICE COMPANY IN FRANCE

Konecranes acquires service company in France

In July 2010 Konecranes acquired the service company Bouyer Manutention (BM)
based in Tours, France. BM has 38 employees and net sales of approximately EUR
5 million (2009). BM will be consolidated into Konecranes' books in the third
quarter 2010. The value of the acquisitions is not disclosed. 

BM is a family company founded in 1988. The company's competences include
mechanical and electrical maintenance, and modernization of overhead cranes and
machine tools. The company's customers are e.g. in the nuclear, automotive,
steel, and food industries. Apart from the headquarters in Tours, BM has
service branches in Chinon, Le Mans, Orléans and Poitiers, all main cities in
the Loire valley. 

“Bouyer Manutention is a valuable addition to the Konecranes Group,” says
Jean-Maxime Guhur, Director, Konecranes (France) S.A. “The company's large
contract base and strong knowledge of and relationship to the nuclear industry
further strengthen our position in France.” 

Konecranes bought 100 % of the shares in BM through the holding company Bouyer
GCP. 


Further information:
Press
Jean-Maxime Guhur, Director, Konecranes (France) S.A.
E-mail: jean-maxime.guhur@konecranes.com or phone +33 2 38 71 94 05

Analysts and investors:
Miikka Kinnunen, Director, Investor Relations, Konecranes Plc
E-mail: miikka.kinnunen@konecranes.com or phone +358 20 427 2050

This press release is available on our website www.konecranes.com

Konecranes is a world-leading group of Lifting Businesses™, serving a broad
range of customers, including manufacturing and process industries, shipyards,
ports and terminals. Konecranes provides productivity-enhancing lifting
solutions and services for lifting equipment of every make. In 2009, Group
sales totaled EUR 1,671 million. The Group has 9,600 employees, at 545
locations in 43 countries. Konecranes is listed on the NASDAQ OMX Helsinki Ltd.
(symbol: KCR1V).