Konecranes moves to acquire Peinemann Port Services and Container Handling
NewsKonecranes plans to acquire Rotterdam’s Peinemann Port Services and Container Handling, pending approval from Dutch regulators.
Although Hutchison Port Holdings (HPH)’s takeover of ECT several years ago was resisted for some time by EU competition authorities, apparently no objection is being made to Hutchison’s takeover of the idle Ceres Paragon terminal in Amsterdam, even though, according to Port of Rotterdam reports, Hutchison intends to close the unique, indented dock facility and transport all the equipment to Rotterdam.
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