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.
Source: Konecranes