Independent journal on economy and transport policy
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Konecranes has completed the acquisition of Indiana WMI Cranes
In the course of 2011 the entire control of the company of Mumbai will be assumed
February 18, 2011
The Konecranes group has announced to have completed the acquisition of the society Indiana WMI Cranes Ltd., with which the slid autumn had concluded a specific agreement ( of 11 October 2010). The company of Mumbai will be consolidated in the financial reports of Konecranes with effect by 1° February.
Konecranes has acquired 51% of the capital of WMI Cranes and previews to obtain remaining 49% in the course of this year.
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