24.10.2008

Konecranes buys in Canada

Konecranes has acquired the business of the Canadian crane service company Provincial Services Crane Specialists, of Allanburg, Ontario. The company has 20 employees and revenues of around €4 million, it also operates a branch in Lively, Ontario. The value of the acquisition has not been disclosed.


Provincial Services Crane Specialists was a privately owned company, founded in 1980. It specialises in overhead crane design and construction as well as offering a wide range of services, including: Inspection, maintenance, repair, spare parts, and modernisation.

The company sells its products and services directly to end users in the steel, mining, power and general manufacturing industries. Konecranes is looking to expand its Canadian operations into these industries.

Keith King, president of Konecranes Canada, said:” The market coverage of Provincial Services is quite complementary to ours. Provincial Services will help to provide us with entry to the primary steel industry along with their specific knowledge of this industry, close relationships and Konecranes technologies."

Konecranes Canada was established in 1970 and has offices throughout Canada, and is a leading supplier of new cranes, modernisations, maintenance and inspection services for all makes and models of overhead cranes and hoists.