New market leader in Scandinavia

By Alex Dahm20 May 2008

Two Scandinavian mobile crane rental companies have merged to become what they claim is the region's market leader.

Kynningsrud Crane and Stangeland will join under the co-owned holding company Nordic Crane Group AS, but both companies will continue to operate under their respective names and management.

Kynningsrud is primarily positioned in the construction, wind and petrochemical markets in the eastern part of Norway and in Sweden. Stangeland mainly works in the oil and gas market, as well as construction and industrial projects along the coast of Norway.

"A joint depot and organisation will increase execution capabilities and the capacity to serve both new and existing clients. In addition, scale benefits will drive cost improvements," said a spokesperson for the group, which will operate nearly 300 cranes.

Apart from the cranes, all other segments of the two companies will not be affected by the deal.

Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Long Reads
Post-pandemic demand lengthens delivery times for construction equipment
Government stimulus measures following the global pandemic have led to a surge in demand for construction equipment
Technology paves the way for driving 3D development
What is 3D modelling and what is it used for? Discover more at SC&RA Workshop
PREVIEW: SC&RA Crane & Rigging Workshop
The 2021 Crane & Rigging Workshop will be held September 14-16 at the Hyatt Regency Chicago, USA
Alex Dahm Editor, International Cranes and Specialized Transport Tel: +44(0) 1892 786 206 E-mail:
Mike Posener Sales Manager Tel: +353 860 431 219 E-mail: