International law firm Bird & Bird has advised Konecranes Global Oy (Konecranes) on its acquisition of Peinemann Port Services B.V. (PPS) and Peinemann Container Handling B.V. (PCH). The acquisition has been approved by the Dutch competition authority.
Konecranes is a global leader in material handling solutions, serving a broad range of customers across multiple industries in over 50 countries and listed on the Nasdaq Helsinki (symbol: KCR).
PPS is a significant port services provider in the Netherlands with a wide customer base, and it has long-term maintenance relationships with several of Konecranes’ key customers. PCH has been a Konecranes Lift Trucks distributor in the Netherlands since 2009 and been in the sales, rental and service business of lift trucks in the Rotterdam area since 1954.
The acquisition of PPS’ and PCH’s businesses will expand Konecranes’ footprint and increase their service presence in Europe’s largest port, where they already have strong customer relationships and a significant fleet of both automated and manual equipment.
The Bird & Bird team advising on the lead consisted of partner Pauline Vos and associate Jephta Zantinge who handled the corporate aspects of the transaction, together with partner and civil law notary René Rieter and Monique Klein-Kiskamp, also from the notarial team.
The team also comprised of Pauline Kuipers (partner, Competition), Joost van Roosmalen (associate, Competition), Philip Hartman (partner, Employment), Yaser Aziz (associate, Employment), Bart Koppenol (associate, Employment), Berend van der Eijk (partner, Data Protection), Tamar Bastiaan (associate, Data Protection), Puck van den Bosch (associate, Data Protection), Manon Rieger - Jansen (partner, IP), Clemens Molle (associate, IP) and Meyke Rietveld (associate, IP).
