Konecranes has recently acquired its third machine tool service (MTS) company as a part of its strategy to expand operations throughout the UK. Konecranes has existing machine tool service activities in Finland, Sweden and Norway.
The Finnish company purchased Machine Tool Services (GB) Ltd in November. Over the past four months, Konecranes has acquired K&B Europe Ltd and its subsidiary, K&B Machine Tool Services Ltd, in July and Electron Service in October
Pekka Kujala, director of MTS for Konecranes, says the recent acquisitions means Konecranes will be able to offer a wide range of machine tool maintenance solutions to customers in the engineering industry throughout the UK.
"The UK machine tool service market is one of the key markets in Europe. After our successful establishment in the Nordic market, this is a natural next step in also providing machine tool services locally for Konecranes customers outside the Nordic countries," he says.
The three companies specialise in maintenance services for machine tools in the engineering industry and have broad customer bases in the UK and Ireland.