Number of Crane Transactions globally

The graphic shows the number of global crane, lifting equipment, and handling transactions since 2015. On the buyer side, a distinction is made between “pure” strategists, strategists backed by financial investors, and “pure” financial investors. Although the crane and lifting equipment industry is already highly consolidated, it continues to be shaken by larger deals in addition to numerous mid-market transactions — most recently through the acquisition of Kito Crosby by Columbus McKinnon and a total of six transactions by Konecranes. The industry is shaped not only by increasing internationalization but also by the growing influence of digital technologies: smart cranes with IoT integration, data analytics, and remote-control capabilities are gaining importance, and further intensification — particularly in automation and occupational safety — is expected. These developments present ongoing challenges for medium-sized companies while simultaneously acting as M&A drivers for future transactions.

Source: Aquin Research, Capital IQ