Kynningsrud Kran AS and Nordic Crane AS acquires the Danish company Kran-Kompagniet A/S.
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Kynningsrud Kran AS and Nordic Crane AS acquires the Danish company Kran-Kompagniet A/S

M&A
Lundgrens is pleased to have assisted a Scandinavian leading crane company, Norwegian headquartered Nordic Crane, in its acquisition of a majority stake in the Danish crane success, Kran-Kompagniet A/S.

The acquisition is the group’s first acquisition in Denmark and further enables Nordic Crane’s aim to be a leading supplier of all types of crane lifts – now also in Denmark.

“We have had 10 really good years with great success, but if we are to be part of the really big tasks in Denmark, we must have greater volume. We are looking forward, and together with Nordic Crane we will develop to take a larger share of the Danish market”, says Morten Eriksen, co-owner of Kran-Kompagniet AS.

Kran-Kompagniet is a solid company and well established in Denmark. We have been looking for a partner in Denmark for a long time, and Kran-Kompagniet is a good match. We look forward to a Danish adventure waiting out there”, says Morten Heli-Hansen, CEO of Nordic Crane.

About Kran-Kompagniet

Kran-Kompagniet was founded in 2011 and specializes in lifting everything that can be reached with a mobile crane. The company performs crane tasks and special transport and drives both in Denmark and internationally with all types of goods.

About Nordic Crane

Nordic Crane is the leading company in Scandinavia for mobile cranes, truck cranes and transport services. Nordic Crane has 350 mobile cranes and truck cranes, and is part of the Kynningsrud consortium, which is headquartered in Halden, Norway. The company currently has operations within the business areas of Cranes, Property, Construction and Housing Development in Norway and Sweden.

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