Both companies will keep reach stackers, empty container handlers and laden container handlers in their offering but after a period of time all manufacturing will take place in Konecranes factories. The assets acquired by Konecranes from Linde Material Handling include the respective product rights. In addition, Konecranes will get access to Linde Material Handling’s distribution network. The collaboration improves economies of scale in R&D and manufacturing while enabling both companies to continue to offer container handling trucks to their distribution channels.
“We are happy to work together with Konecranes. This global collaboration with one of the leaders in this segment will significantly improve our container handling offerings to the customers of the Linde brand,” said Theodor Maurer, member of the Executive Board of KION Group and CEO of Linde Material Handling. “We will maintain the highest standards in quality, delivery, performance and value – all standards to which our customers are accustomed.”
“Our lift truck business has been a strong performer within Konecranes Group. The acquisition of certain assets of Linde Material Handling’s container handling business opens wider distribution network for the combined reach stacker and empty container handler offering. We look forward to working with Linde and their distributors; together we are stronger in the market”, said Hannu Rusanen, member of the Group Executive Board of Konecranes and Head of Business Area Equipment.