KCI Konecranes has acquired the assets of CraneMann Inc, based in Houston, USA. CraneMann, founded as a family company in 1990, has grown to a full service crane supplier providing industrial cranes and special engineered cranes including maintenance services and parts.
CraneMann had sales of nearly $10m in 2001 and has 35 employees.
Konecranes said that the February acquisition would “add to our growth in Maintenance Services as well as provide the Special Cranes business area an entry to a new industry segment”.
CraneMann has customers in Latin America as well as the USA. Major emphasis has been on sales to the oil industry. Since 1997, it has supplied 25 special cranes for offshore oil rigs.
Konecranes will re-position the new acquisition as a sales and service company. Crane manufacturing and engineering will be merged with Konecranes America’s resources in Houston.
