Konecranes Oyj : expands its German service network by acquiring the service business of Dungs Kran- und Anlagentechnik GmbH

Konecranes has acquired the service business of Dungs Kran- und Anlagentechnik GmbH, a specialist in crane system services based in Voerde, Lower Rhine region in Germany. The value of the purchase is not being disclosed.

With the acquisition, effective from July 1, 2024, Konecranes expands its Germany-wide service network with a competent and experienced team at the new location in Voerde.

Dungs Kran- und Anlagentechnik GmbH specializes in the service, expert consulting and modernization services of crane systems in the western part of Germany. Founded in 1995 and with sales of more than EUR 1 million, Dungs Kran- und Anlagentechnik employs 8 people and maintains both modern and decades-old crane systems. In addition to inspections, preventive maintenance, servicing, repairs, modernizations, and spare parts procurement, Dungs Kran- und Anlagentechnik also offers solutions in the area of lifting magnets.

"The acquisition strengthens Konecranes' presence in Germany and ensures that the in-depth knowledge and expertise of Dungs Kran- und Anlagentechnik's service team remain accessible to customers. We look forward to bringing our maintenance services for all types and makes of industrial cranes and hoists to the Voerde location," says Nico Zamzow, Vice President of Industrial Service & Equipment EMEA Central at Konecranes. Klaus Hochwarter, previous Managing Director of Dungs Kran- und Anlagentechnik GmbH, is glad to have found a strong partner in Konecranes: "Together with Konecranes, our entire team can continue their work, and we can expand the location in a future-oriented and secure manner."

Konecranes has acquired the service business of Dungs Kran- und Anlagentechnik GmbH, a specialist in crane system services based in Voerde, Lower Rhine region in Germany.

Nico Zamzow and Karl Heinz Dungs (left), business owner Dungs Kran- und Anlagentechnik GmbH are pleased with the successful conclusion of contract.

Further information:
Konecranes Media Desk
[email protected]

Further information for investors and analysts:
Kiira Fröberg, Vice President, Investor Relations, Konecranes
Email:[email protected]or phone: [phone]

This release can be found onKonecranes.com.

Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That's why, with around 16,600 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2023, Group sales totalled EUR 4.0 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).