Acquisition strengthens Kranpunkten coverage

By Euan Youdale18 May 2015

Kranpunkten has acquired Nofa Janneniska, based in Stockholm, Sweden.

The buyout, made official on 11 May 2015, sees Kranpunkten take on Nofa's 13 employees and its conveniently placed depot at Cedersdalsgatan in Stockholm.

Kranpunkten said the acquisition strengthened its presence in Stockholm, making it the largest company in Sweden in terms of self propelled and truck mounted platforms up to 104 m working height.

Following the acquisition, Kranpunkten's fleet will have increased to some 2700 machines. Janneniska OY, the Finnish parent company, and Kranpunkten will also be signing a contract for a collaborative agreement on aerial platforms for the Swedish market.

"We are delighted about the boost to Kranpunkten that this represents and we extend a welcome to our new employees and customers alike," said Kranpunkten CEO, Fredrik Paulsson. test

Latest News
Caterpillar unveils off-highway equipment batteries
Company to show prototypes during Bauma event
Bishop Lifting purchases Oregon-based Westech Rigging
Bishop Lifting Products has completed the acquisition of Westech Rigging Supply, with locations in Eugene and Salem. 
Danfoss to highlight technologies for construction machinery
Company will showcase Plus+1 autonomous systems, mobile hydraulics and Editron electrification portfolio