North Norway targeted in Vest Kran buyout

By Euan Youdale10 May 2010

Vest Kran has acquired fellow Norwegian crane and transport services company HMKT (Henning Mortensen Kran & Transport).

Specializing in mobile cranes, HMKT was established in 1985 and is based in Tromsø, northern Norway. According to Vest Kran, based in Agotnes, southern Norway, its new stable mate is one of the biggest crane suppliers in the north of the country.

"HMKT will continue its business as usual. However, it will have access to a larger equipment park from the Vest Kran Group and can now service a greater part of the northern market," said a Vest Kran spokesman.

Vest Kran also hopes to extend the HMKT range by offering tower cranes and heavier equipment in the north. "We have had a great relationship with them [HMKT] for many years, and they have some of the most competent crane personnel in the industry. So now it is a huge bonus for us to be working together with them under the same flag," said Morten Martinessen, Vest Kran COO.

As well as expanding in size, Vest Kran will now have a more competitive edge in the north of Norway, it said. "With the increase of oil & energy activity farther north in Norway, Vest Kran wished to strengthen its position in this area. It also increases our logistics capacity to service the area between the north and the south", says Trond Emblem, Vest Kran Group CEO.

HMKT will be integrated under the Vest Kran brand name during this year.

MAGAZINE
NEWSLETTER
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
CONNECT WITH THE TEAM
Alex Dahm Editor, International Cranes and Specialized Transport Tel: +44(0) 1892 786 206 E-mail: alex.dahm@khl.com
Mike Posener Sales Manager Tel: +353 860 431 219 E-mail: mike.posener@khl.com
CONNECT WITH SOCIAL MEDIA