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Finnish Konecranes buys French Bouyer Manutention
Wednesday 14 July 2010

Finnish engineering group Konecranes (HEL:KCR1V) said Wednesday it has acquired French engineering services provider Bouyer Manutention (BM) in a drive to beef up its position in France.

The deal´s financial terms remained undisclosed.

BM offers mechanical and electrical maintenance and modernisation of engineering tools for the nuclear, steel, food and car sectors. In 2009 the company booked sales of EUR5m (USD6.4m).

Konecranes intends to consolidate BM in its books in the third quarter of 2010.
Date Published: 14/07/2010
Target: Bouyer Manutention
Country: France
Sector: Machinery/Engineering
Type: Corporate acquisition
Status: Closed
Buyer: Konecranes Oyj