The EU Commission clears a merger, subject to remedies, in the lifting equipment market (Konecranes / Terex)

MERGERS: COMMISSION APPROVES KONECRANES' ACQUISITION OF TEREX'S CRANE AND CONTAINER HANDLING BUSINESS, SUBJET TO CONDITIONS* The European Commission has cleared under the EU Merger Regulation the acquisition by Konecranes of Terex's crane and container handling business, MHPS. The decision is conditional on the divestment of Konecranes' Stahl subsidiary, which supplies industrial cranes, crane components and spare parts. Konecranes is a global supplier of lifting equipment, headquartered in Finland. US-based Terex's Material Handling & Port Solutions segment (MHPS) supplies industrial cranes, crane components,

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European Commission, The EU Commission clears a merger, subject to remedies, in the lifting equipment market (Konecranes / Terex), 8 August 2016, e-Competitions Merger Remedies, Art. N° 80705

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