Konecranes has purchased Thailand's Ex-Kcranes and New Zealand's Trimate Industries Ltd. to broaden its service footprint in the APAC region. The value of the acquisitions, which were closed during Q1 2026, is not being disclosed.

Ex-Kcranes is an industrial service company based in Rayong, on the Gulf of Thailand, serving customers in both Thailand and Laos.

Trimate Industries sells crane components and spare parts and is also a distributor for Demag, which has a broad installed base in New Zealand.

The annual combined sales for these two acquisitions are EUR 2.5 million and the companies will add some 20 employees to Konecranes.

A strong focus on customers and commitment to business growth and continuous improvement make Konecranes a material handling industry leader. This is underpinned by investments in digitalization and technology, plus our work to make material flows more efficient with solutions that support the decarbonization of the economy and advance circularity and safety.

For a concise overview of Konecranes' business, please click here.

Further information:
Konecranes Media Desk
[email protected]

Further information for investors and analysts:
Linda Häkkilä, Vice President, Investor Relations, Konecranes 
Email: [email protected] or phone: +358 20 427 2050

This release can be found on Konecranes.com.

Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries. We consistently set the industry benchmark, from everyday improvements to the breakthroughs at moments that matter most, because we know we can always find a safer, more productive and sustainable way. That's why, with around 16,500 professionals in over 50 countries, Konecranes is trusted every day to lift, handle and move what the world needs. In 2025, Group sales totaled EUR 4.2 billion. Konecranes shares are listed on Nasdaq Helsinki (symbol: KCR).