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Corporation
INDUSTRIAL | Manufacturing / Farm & Construction Machinery Manufacturing
konecranes.com

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Investments

1

Portfolio Exits

1

Partners & Customers

10

Service Providers

1

About Konecranes

Konecranes (HEL: KCR1V) is a global group of lifting businesses that serves a broad range of customers, including manufacturing and process industries, shipyards, ports, and terminals. Konecranes provides productivity-enhancing lifting solutions as well as services for lifting equipment and machine tools of all makes.

Konecranes Headquarter Location

Koneenkatu 8

Hyvinkaa, FI-05801,

Finland

+358 20 427 11

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Latest Konecranes News

Konecranes Oij : ' financial statement release 2021 will be published on February 3, 2022

Jan 20, 2022

01/20/2022 | 03:16am EST Message : Konecranes' financial statement release 2021 will be published on February 3, 2022 Konecranes will publish its financial statement release 2021 on Thursday, February 3, 2022 at approximately 8:30 a.m. EET. The report will be available on the company's website at www.konecranes.com after publishing. A live international telephone conference for analysts, investors and media will be arranged on the publishing day at 10:30 a.m. EET. The event will be held in English. The financial statement release 2021 will be presented by CFO and interim CEO Teo Ottola. Questions may be presented at the end of the conference. The conference will be recorded, and an on-demand version of the conference will be published on the company´s website later during the day. The teleconference can be joined, and the live webcast watched through the following link:

Konecranes Investments

1 Investments

Konecranes has made 1 investments. Their latest investment was in MHE-Demag as part of their Corporate Minority on May 5, 2016.

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Konecranes Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/29/2016

Corporate Minority

MHE-Demag

Yes

1

Date

5/29/2016

Round

Corporate Minority

Company

MHE-Demag

Amount

New?

Yes

Co-Investors

Sources

1

Konecranes Portfolio Exits

1 Portfolio Exit

Konecranes has 1 portfolio exit. Their latest portfolio exit was STAHL CraneSystems on December 07, 2016.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

12/7/2016

Acquired

$99M

3

Date

12/7/2016

Exit

Acquired

Companies

Valuation

$99M

Acquirer

Sources

3

Konecranes Acquisitions

6 Acquisitions

Konecranes acquired 6 companies. Their latest acquisition was MHE-Demag on December 05, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

12/5/2019

Other

$99M

Acquired

1

8/15/2019

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$99M

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10

8/8/2016

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$99M

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10

6/8/2012

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$99M

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0

6/19/2006

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$99M

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0

Date

12/5/2019

8/15/2019

8/8/2016

6/8/2012

6/19/2006

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

Note

Acquired

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Sources

1

10

10

0

0

Konecranes Partners & Customers

10 Partners and customers

Konecranes has 10 strategic partners and customers. Konecranes recently partnered with Flinders Logistics on May 5, 2020.

Date

Type

Business Partner

Country

News Snippet

Sources

5/29/2020

Client

Flinders Logistics

Australia

Konecranes to deliver Mobile Harbor Crane to Flinders Logistics

Konecranes regional director sales APAC Michael Green said : `` For close to a decade , we have enjoyed an excellent relationship with Flinders and we are delighted to see them grow and choose Konecranes for their new Mobile Harbor Crane purchase .

2

3/25/2020

Client

Norfolk Southern

United States

Konecranes hybrid RTGs to Norfolk Southern in the US

Konecranes has been selected by US Norfolk Southern Corporation to provide five Konecranes hybrid RTGs for intermodal operations in the Chicago area .

1

1/4/2020

Partner

Wartsila

Finland

Konecranes agrees machine tool service contract with Wärtsilä Finland, to join Smart Technology Hub ecosystem in Vaasa

Konecranes has signed a machine tool maintenance operations agreement with Wärtsilä Finland and will join as a partner to the company 's Smart Technology Hub on Vaasa 's Vaskiluoto island .

1

12/18/2019

Client

U.S. Navy

United States

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10

11/15/2019

Client

Green Bay Packaging

United States

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10

Date

5/29/2020

3/25/2020

1/4/2020

12/18/2019

11/15/2019

Type

Client

Client

Partner

Client

Client

Business Partner

Flinders Logistics

Norfolk Southern

Wartsila

U.S. Navy

Green Bay Packaging

Country

Australia

United States

Finland

United States

United States

News Snippet

Konecranes to deliver Mobile Harbor Crane to Flinders Logistics

Konecranes regional director sales APAC Michael Green said : `` For close to a decade , we have enjoyed an excellent relationship with Flinders and we are delighted to see them grow and choose Konecranes for their new Mobile Harbor Crane purchase .

Konecranes hybrid RTGs to Norfolk Southern in the US

Konecranes has been selected by US Norfolk Southern Corporation to provide five Konecranes hybrid RTGs for intermodal operations in the Chicago area .

Konecranes agrees machine tool service contract with Wärtsilä Finland, to join Smart Technology Hub ecosystem in Vaasa

Konecranes has signed a machine tool maintenance operations agreement with Wärtsilä Finland and will join as a partner to the company 's Smart Technology Hub on Vaasa 's Vaskiluoto island .

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Sources

2

1

1

10

10

Konecranes Service Providers

1 Service Provider

Konecranes has 1 service provider relationship

Service Provider

Associated Rounds

Provider Type

Service Type

Acquired Unit

Investment Bank

Financial Advisor

Service Provider

Associated Rounds

Acquired Unit

Provider Type

Investment Bank

Service Type

Financial Advisor

Partnership data by VentureSource

Konecranes Team

7 Team Members

Konecranes has 7 team members, including current Chief Executive Officer, President, Rob Smith.

Name

Work History

Title

Status

Rob Smith

AGCO

Chief Executive Officer, President

Current

Pekka Lundmark

Startupfactory

Chief Executive Officer, President

Former

Kari Suominen

Chief Information Officer

Former

Tuula Haataja

Vesivek, Digia, YIT, and Sonera Venture Capital

Controller

Former

Jari Karisto

Controller

Former

Name

Rob Smith

Pekka Lundmark

Kari Suominen

Tuula Haataja

Jari Karisto

Work History

AGCO

Startupfactory

Vesivek, Digia, YIT, and Sonera Venture Capital

Title

Chief Executive Officer, President

Chief Executive Officer, President

Chief Information Officer

Controller

Controller

Status

Current

Former

Former

Former

Former

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