Konecranes acquires Gruas Koman
19 January 2011
Industrial crane builder Konecranes has acquired Gruas Koman Limitada, its former licensee in Santiago, Chile.
The acquisition, for an undisclosed sum, includes Peruvian start-up subsidiary, Koman Gruas Peru S.R.L.
Koman offers sales, service and maintenance services for industrial overhead cranes in Chile, Peru, and Bolivia. It has been a Konecranes licensee for standard duty cranes since the early 1990s and has an installed base of almost 500 cranes, most of them using Konecranes components. There are around 60 employees, about half of them service technicians. Net sales in 2009 were Euro 7 Million.
"South America holds a great potential for the future growth of Konecranes," said Tom Sothard, senior vice president and head of Konecranes Region Americas. "Gruas Koman is, via its installed base of equipment, an excellent base for building our service, parts and equipment business in South America."
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