Wolffkran acquires Konstruktiva Lokus

By Alex Dahm19 March 2021

Red Wolff flat top tower crane in the Lokus fleet in sunshine in front of an old building Wolff 5020 Clear flat top tower crane in the Lokus fleet

Crane manufacturer Wolffkran has acquired Czech crane rental company Konstruktiva Lokus. Prague-based Lokus is well established in the Czech Republic, Wolff said.

Jan Drastík, Konstruktiva Lokus chairman of the board, commented, “The Czech crane market has huge potential. That is why we wanted to be the first rental company in the Czech Republic with a strong partner at our side. We are pleased to have found such a partner in Wolffkran.”

Konstruktiva Lokus is the perfect partner to open the door to the dynamic eastern markets in Central Europe, said Duncan Salt, Wolffkran Group CEO.

Jan Drastík said, “The Czech Republic, and the greater Prague area in particular, is currently seeing a lot of residential and commercial construction, but we are also receiving inquiries for larger projects, including a dam. Under the umbrella of Wolffkran, we will expand and rejuvenate our rental fleet accordingly.”

Jan Drastík, left, and Jiří Řezáč, both from Konstruktiva Lokus Jan Drastík, left, chairman of the management board at Konstruktiva Lokus, and Jiří Řezáč, member of the management board look ahead as part of Wolffkran

Jiří Řezáč, Lokus managing director, commented, “Our aim is to continue to grow and we therefore did not want to rely on only a financial investor. As a Wolffkran group company, we can draw on the necessary capital as well as the know-how and a state-of-the-art rental fleet to take our business forward into a successful future.”

Konstruktiva Lokus has been going since 1929. Its fleet of around 120 top slewing and self erecting tower cranes is largely made up of Wolff units, the manufacturer said. The company has been renting and selling to customers in the Czech Republic, Slovakia, Germany and Poland, for almost 30 years. It has around 60 employees. Three of the five Lokus shareholders recently withdrew from the business.

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
SHOW GUIDE: The Utility Expo
A host of products and services will be shown at The Utility Show, formerly ICUEE, in Louisville, KY.
Heavy industry big part of climate crisis solution, says Mammoet
Mammoet’s head of sustainability, Erica Gray, discusses engineered heavy lifting’s role as an enabler of the climate change transition
Top 5 private equity rental acquisitions 2021
We pick out five prominent acquisitions that have occurred throughout the year
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