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
ABLE receives increase on asset-based loan
New York-based ABLE Equipment Rental receives increase on existing asset-based loan in order to grow fleet and footprint 
Court upholds Syrian charges against Lafarge
Case relates to Syrian plant that was kept open during civil war, endangering staff that worked there 
New software makes using GNSS easier
Updated RxTools software package now includes easy ‘set-up’ and calibration tool