Herc Holdings Inc, which through its subsidiaries has operated as an international equipment rental supplier, has sold all of its interest in Hertz Equipment Rental Company Limited (AKA Hertz China), to Guangxi LiuGong Machinery Co., Ltd. Terms of the sale have not been announced. The transaction is subject to the approval of relevant government authorities in […]
Konecranes has completed the acquisition of Jebsen & Jessen’s 50% stake in MHE-Demag, as announced on 5 December 2019. The combined operations of Konecranes and MHE-Demag start on 2 January 2020. With the acquisition, Konecranes increases its presence and market coverage in strategically important and fast-growing Southeast Asia. In addition, the acquisition allows Konecranes to […]
Konecranes has signed an agreement to acquire the 50% stake in its MHE-Demag JV held by partner Jebsen & Jessen for approximately €147 million. The acquisition will significantly improve Konecranes’ market position in the fast-growing Southeast Asian markets, creating further opportunities for service sales and simplifying the distribution channel for industrial cranes and components. The […]
Almac, the Italian manufacturer of mini tracked aerial platforms and crawler scissor lifts has opened a new branch in Australia as well as creating a partnership with United Forklift and Access Solutions Almac reinforced its position in the Australian market with the creation of a new company – Almac Pacific Pty Ltd. The new company […]
26/03/2019 - 10:07 am
LHA March/April 2020
In this month's issue
Face Time: Martin Eade of GMG and Almac.
LEEA promotes Global Lifting Awareness Day #GLAD2020.
Electric and Hybrid EWPS.
IPAF report into EWP accidents.
The Insider: Expansion must be done with care says Ashley Thacker.